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» | Short Sale Candidate | |
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» | Stop the Mortgage Madness | |
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» | Short Sale FAQs | |
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» | Short Sale vs Foreclosure | |
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» | Short Sale Form | |
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Stop the Mortgage Madness |
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 Mortgage Worries? You are not alone. Loan re-adjustments, job change, divorce etc., dramatically impact people's finances. Worse, a declining market has left 1000's of homeowners owing more than their houses are worth. All of a sudden many properties are no longer an investment, but a liability! |
A declining Real Estate market has left tens of thousands of homeowners owing more than their houses are worth. Their properties have gone from great investments to huge financial liabilities. Lenders have received millions of dollars of bailout money and their executives received bonuses of 20 What exactly is a Short Sale? A Short Sale is when a lender agrees to the sale of a property and accept an amount less than what is owed. More importantly, often the lender agrees to forgive any outstanding mortgage balance. Why would my lender go for this? Because the alternative for them is a costly foreclosure process. Statistics show a foreclosure recovers about 50% of value vs. a Short Sale which recovers around 80% of value. Besides, your lender doesn't want your property. They are in the business to lend money not babysit vacant homes. With a short sale the lender saves $30K-$100K+. It makes sense collect more money, avoid vacant properties and write off losses under the Debt Relief Forgiveness and Debt Cancellation Act. So what does this cost me? Nothing. Zero. Remember, the Short Sale process is still cheaper for the lender than a foreclosure. As such, the lender covers every expense except the moving truck! This includes costs for your Attorney, Title, Realtor, Closing Costs, Transfer Fees and more. You need an Expert! I have successfully negotiated Short Sales with just about every lender including: Bank of America, Chase Bank, Citi Mortgage, Deutche Bank, GMAC, HSBC, Ocwen, PNC/National City, US Bank, Washington Mutual, Wells Fargo, Willshire, 5/3 Fifth Third and many, many more. No Cost Now . . No Cost Later . . My Short Sale expertise, RealStar's aggressive marketing and the support staff of Suburban Short Sales are available at No cost to you. No money now. No money later. In fact, we even give you a No Cost Guarantee. How many Brokers are willing to do that? |
Success Stories My rate adjusted just as my income changed. My lender wouldn't help me. John and Dianne spent so much time dealing with my lender. I was able to walk away from my mortgage debt and start fresh. They did what no other Realtor could. I am grateful for their help and compassion -Carolyn R. It's a FREE Service! No Cost Guarantee. You deserve a chance to start fresh. I can help. John Wilt, Broker/Owner office 630-420-7400 Always Professional & Confidential. |
