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| “Short sale” (real estate) - the lender allows a property to be sold for less than the amount owed on a mortgage and takes a loss.” |
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Negotiated a 1st & 2nd lien owed $550,000
to $399,311 |
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Negotiated a 2nd lien owed $47,000
to $1,000 |
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Postponed a foreclosure date with less than
48 hours until auction. |
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Negotiated a 3rd lien owed $15,000
to $1,000 |
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Negotiated a 1st lien owed $194,000
to $180,900 |
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| Please use this website as a resource to gather the information you are searching for, and if you choose to use my services, click on the Contact me link and i’ll be happy to assist you. |
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| Are you facing foreclosure? |
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| You may have a better way out! |
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There are countless hardships that can turn home ownership from a joy into a burden. The loss of a job, medical bills, or an unexpected hike in monthly payments can all make a mortgage unaffordable. But ignoring the bills will not make them go away, it will only make things worse.
If you need help, there are approaches that can help, but you may not be familiar with them. One of these is a "short sale".
In an approved short sale, the lender agrees to accept less than is owed for the property, and the
homeowner is relieved of the debt. A lender may be willing to do this because it spares a lot of hassle and expense involved in executing a foreclosure. Typically, a short sale does for less damage to the homeowner's credit than a foreclosure does. |
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Click here to find out ways to improve your credit!
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