Facing the Possibility of Foreclosure on Your Brevard County Home? Free Reports: www.BrevardForeclosure.com
Don't walk away from your home;
we may have a solution for you!
What is a Short Sale?
A short sale is a term used to describe a process in
which a lender agrees to accept a lower payoff
amount on a loan than what is owed.
What if the home's market value has dropped?
Comparable home sales must substantiate that the
home is worth less than the unpaid balance due the
lender. This unpaid balance may include a
prepayment penalty.
What if the mortgage is in or near default status?
It used to be that lenders would not consider a short
sale if the payments were current. That is not always
the case. Realizing that other factors contribute to
a potential default, many lenders are eager to head
off future problems before they start.
What if the seller has fallen on hard times?
The seller must submit a letter of hardship that
explains why the seller can not pay the difference
due upon sale, including why the seller has or will
stop making the monthly payments.
What is a Certified Distressed Property Expert
John Brower, Broker of Buyers & Sellers Advantage Realty has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when Brevard County is ravaged by “distressed” homes in the foreclosure process.
Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.
Click the "Submit Short Sale" button on the left and answer a few quick questions. We will then contact you to see how we may be able to assist you.
Assist-2-Sell, Buyers & Sellers Advantage Realty
Commission are not set by law. All commissions are negotiable. Any comparisons to a percentage commission, such as 6%, are for illustration and comparison purposes only. The information herein is deembed to be accurate, but not guarenteed. All information to be verified. If your home is listed with a REALTOR this is not intended as a solicitation of your listing.
