Are You Facing
Foreclosure?
Real estate foreclosures in the
state of Indiana are at an all time high. Because of this, we are negotiating with many mortgage companies to accept
a substantially lower pay off. We call it a "Short Sale". The first thing you need to know
is that short sales are perfectly legal, very common, and you don't pay the real estate commission!
Many
banks have gone under and/or have been absorbed by larger banks. Even if you have tried to negotiate a short sale
with your lender, you may have found it difficult or impossible to even find to the right person to contact.
And often when you finally do, the following week they are no longer your contact. We have seen all too many homeowners
who could have done a short sale on their home, but didn't do the short sale because the lender just made it too hard.
If you have a VA loan, we have found the VA particularly cooperative in short sales.
Regardless of what lender
holds your mortgage, THEY DON'T WANT YOUR HOUSE! They just want you to think they do so you'll
do everything in your power to make your current payment. We work for you to sell your home for its current market
value,which is typically way less than many homeowners currently owe on their mortage. Meanwhile we also work
out a deal with your mortgage company to take less than what you owe--the sale price--and leave you without the excess balance
to pay off. A short sale is an alternative to foreclosure that works in your favor
and can actually help you avoid bankruptcy. You can feel good about making the choice to do a short sale on your
home! You don't have to be ashamed to ask for this help!
Did you know that foreclosure
can actually hurt your credit worse than bankruptcy? We know how to help you. Remember, your
bottom line in a short sale will always be zero or better, and a short sale is much better for your credit scores. You
get out of your current situation with the best chance of starting over.
We specialize in selling property that other
agents have failed to sell, but we need to better understand your situation before we can best advise you. If a short
sale sounds like an option for you, or if you have other issues you would like to discuss, please feel free to contact us
anytime. You can expect to be treated with dignity and respect. Confidentiality is high priority to us.
