Are you behind on your mortgage payments or in foreclosure?
Whether you are a few months behind or, already in foreclosure we can help. Often times we can get your lender to allow you time to sell. That benefits them and you! You just have to act quickly. A Short Sale is not a foreclosure and it usually has less of a negative effect on your credit score. Often times you are able to qualify to buy another home within just a few years.
Do you owe more on your home that it is worth?
Sellers can now sell even in negative equity positions. Negative Equity is when you owe more than your house is worth. If this is you, you are probably a candidate for a Short Sale. A Short Sale is an agreement between you and your lender whereby you cooperate on a sale (make the property available) and in turn, the lender accepts a lower price than what is owed. A Short Sale avoids Foreclosure and usually saves both parties thousands of dollars. Many areas have seen property values drop 20-30%. It may take years for values to recover. Call us to find out how we can help.
Why would my lender go for a Short Sale?
The Foreclosure process is very costly. Statistics show a Foreclosure recovers about 50% of value vs. a Short Sale which recovers around 80% of value. With a Short Sale the lender is usually better off financially. Besides, the lender does not want your property. They are in the business to lend money not manage real estate.
So what does this cost me?
Nothing. The Short Sale process is still less expensive 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. See our No Cost Guarantee.
Can I stay in my house until the sale is completed?
Absolutely. It can take several months for lender approval and for the transaction to be completed. You can stay up to the hour of closing.
Why do I need a Short Sale Expert?
You need help and guidance from someone who understands the difficult choices you are making about your home. We have helped many clients sell their home as a Short Sale and we have a successful track record with literally dozens of lenders.
How do I get my home listed as a Short Sale?
It’s Simple. Contact Realstar Realty immediately. There are several documents that we need signed. From the time we sit down with you to the time you are on the market can take as little as an hour.
Our services cost you nothing!
Your lender pays all the closing costs. Realstar’s expertise and aggressive marketing, Suburban Short Sales support staff, your Attorney and closing costs are available to help with your Short Sale at no cost to you. Read our no cost guarantee.
You need an Expert!
I am a Licensed Broker in the State of Illinois with experience moving 1000’s of people! As Broker/Owner I have the knowledge and the resources others just don’t. When others fail Suburban Short Sales gets it done. Save time and trouble. Call us first! Call us now!
Put the power of a Short Sale Expert, Aggressive Brokerage and great Customer Service to work for you for Free!
Disclaimer: The information provided here is for general information purposes only. Contact legal consul for advice on your specific situation. No information provided here shall be construed as legal or any other advice. No representation is made to the completeness or accuracy of the information. As such, no part of this should be used as a substitute for consultation with a professional legal advisor.