Many people in today's market are faced with a tough situation
when it comes to their home - how to go about selling when the value has decreased and
more is owed than the property is currently worth. Owners who
are trying to minimize credit issues typically choose to do a
"short sale" versus allowing the property to be foreclosed on.
In a short sale
situation, the bank(s) must agree to any offer that is
presented to them that nets them less than what is currently owed
on the property. Short sales are very prevalent in today's
market thus banks are typically willing to work with a seller
rather than having to foreclose on the home. Some of the
situations that banks consider are:
Job Loss
Decrease in Income
Divorce
Death in the Family
Relocation Forced by Employment
We can help counsel you on your options and discuss the
repercussions of any decision that you make. To find out more
about your options, please fill out the below form. All
information is secure and confidential.
Thank you for taking the time to submit your information, an agent from the Success
Real Estate team will contact you shortly!
** PLEASE NOTE THAT ALL FIELDS BELOW ARE
REQUIRED **