Are you facing foreclosure because of financial hardship, loss of income, loss of a loved one, loss of property value, or any other reason and need to sell your home quickly to avoid foreclosure? We can help with something called a short sale.
What is a Short Sale?
A short sale is selling your home with the approval of your lender to accept an offer less than what you owe at today's fair market value to avoid foreclosure. The benefit of a short sale vs. a foreclosure if you are in a distressed situation is typically a much shorter turnaround time in rebuilding your credit and possibly avoiding any deficiency balance owed or financial judgment.
Marketing and Navigating Distressed Property Sales Specialists
At Welcome Home we specialize in marketing and selling homes in distressed situations. We will guide you through what can sometimes be a very difficult process to provide a "win-win" solution for you and your lender. We work with many different buyers and investors and will market your home to all other local real estate professionals to provide you with the best possible offer. In addition, we work with many different banks and lenders and are familiar with short sale requirements and processes in moving your file forward to give you the best possible chance of a successful outcome.
How long does the short sale process take?
Typically a short sale processes averages about three months from submission to closing, but not all lenders are alike and the process length can vary depending on your lender requirements and personal financial situation.
How much will it cost to pursue a short sale?
There are no upfront costs for us to help you pursue a short sale or to explore if this would be a viable solution for your situation. We will only be paid a commission upon a successful closing similar to any other real estate transaction, except with a short sale your lender typically will pay this cost for you as well at closing. So, you will typically have no out of pocket costs at all for our service.
What if I have more questions and I’m not ready to pursue a Short Sale yet?
Please feel free to give us a call, give your attorney a call, or email us with any questions you may have about this process or how we may be able to help you. We strive to provide this service with the utmost integrity and professionalism and will not pressure you to pursue a short sale if this is not the right option for you.
Track Record of Success
We understand this can sometimes be a difficult and emotional process and are here to help you every step of the way with a track record of success. You can trust us to keep all of the details of your personal financial situation regarding your home strictly confidential and always focus on what's in your best interest. We have completed dozens of successful closings in this area and are ready and able to help you with a short sale today.
Time Is of the Essence
We encourage you if you're in this situation to not delay and give us a call to explore your options as soon as possible. The more time we have before a foreclosure date, the better our chances will be in bringing you and your lender a successful offer. Give us a call today and I'm sure you'll find out why we like to say "Welcome Home."