Day: November 12, 2011

If Considering A Loan Modification Keep In Mind The Short Sale Option

Hello everyone I am Shawn Polston with Tucson Short Sale Negotiator and 502 Short Sales thank you for checking out my blog today. My team and I specialize in short sales within the Tucson area and I blog every week to pass along important information to underwater property owners across Tucson. If my blog is helpful today please stop by my website or contact me today for even more information on your options for avoiding foreclosure.

For my blog topic today I wanted to discuss the option of a loan modification if you are having trouble paying your mortgage. A lot of the clients I have had in the past have tried a loan modification but have had very little success. Almost all of them also have negative comments to make about working with their lender on a loan modification. If you have your heart set on a loan modification I can assist you for free and answer any questions you may have. One thing I often see from clients attempting a loan modification is that they are actually putting themselves in an even worse situation. I have seen some mortgages get turned in to a forty year loan and even some homeowners back loading their mortgage with larger payments down the road. Unfortunately a loan modification is usually just delaying the inevitable of needing to sell your underwater property. If you owe more on your home than what it is worth a short sale will be your best option hands down. If you have any questions about the short sale process or your current mortgage I would be happy to sit down and discuss your options. Please visit my website or contact me today with any questions you may have. Thank you for your time and I look forward to hearing from you soon.

About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.