I run into a lot of people that are in a situation where they know they can’t keep their house anymore; they may already be late on their payments or are underwater. One of the common misunderstandings that people in situations like this have is that they have to choose foreclosure or short sale. If your payments aren’t being made, foreclosure is imminent; if you’d like we can always explain this in more detail to you. There seems to be, at times, that homeowners feel they have to choose one or the other. If your payments are not being made there is no reason we can’t attempt to get a short sale done with your lender. Just because you’re not making payments anymore doesn’t mean your lender won’t approve your short sale; if anything, this is actually a justification of why you need to do a short sale on your home.
What I want to get across to you is if you’re in a place where you’re not making payments and can’t keep the house, you have nothing to lose by having us try to do a short sale with your lender. If we can get the short sale accomplished for you, you avoid having a foreclosure on your credit report and if you’re ready to be done with the house, we can get a short sale completed much faster than your lender can complete a foreclosure on your home.
I know you probably have additional questions about this so I’d like to let you know that there is additional information on my website. However, the easiest way to get the answers you’re looking for is to simply pick up the phone and give us a call. We look forward to talking with you and helping you with your situation.
