Short sale foreclosure can only take place when the sellers lender agrees to accept less money than what is owed on the property. If lenders approve sellers short sale foreclosure then the seller will use this method to avoid foreclosure.
Are you Facing foreclosure?
You may have a better way out with Short Sale Foreclosure!
There are countless hardships that can turn home ownership from a joy into a burden. The loss of a job, medical bills, or an unexpected hike in monthly payments can all make a mortgage unaffordable. But ignoring the bills will not make them go away, it will only make things worse.
If you need help, there are approaches that can help, but you may not be familiar with them. One of these is a “short sale foreclosure or just short sale.”
In an approved short sale foreclosure, the lender agrees to accept less than is owed for the property, and the homeowner is relieved of the debt. A lender may be willing to do this because it spares a lot of hassle and expense involved in executing a foreclosure. And typically, a short sale foreclosure does far less damage to the homeowner’s credit than a foreclosure does.
If you would like to explore the possibility of a short sale for your property, avoid foreclosure, and potentially save your credit rating, please complete the form below. A qualified short sale foreclosure agent will be in touch with helpful information.
Lenders have the final decision on price and terms of the transaction since the consent of the transaction is required by lenders for the seller to convey clear title to a buyer’(s).
For those buyers who are wanting to view a absolutely no charge free list of homes that are in the short sale progress please fill out the form at short sale free list
If you need immediate information on free list of homes including foreclosures, short sale, or bank owned properties please call
Randy Gridley
Silvercreek Realty Group
1099 Wells Street, Suite 200
Meridian, ID 83642
www.RandyGridley.com
Office Direct: 208-859-7060
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