Who pays the Realtor Commission?
Your lender pays all commissions. You pay nothing. Guaranteed.
Who pays the Attorney, Title Company, Transfer Fees, etc.?
Your lender pays these fees too plus all traditional seller fees and costs. Nobody earns anything unless we successfully complete your short sale. The Attorneys and Title Companies we work with will NEVER charge you. Even if the property doesn’t sell.
Will a Short Sale affect my credit?
A short sale will affect the credit but, not nearly as much as a foreclosure would. Your credit will be affected for roughly 24 months. Under Fannie Mae Guidelines you may be able to purchase again in as little as 12 months after the short sale.
Can I stay in my house until the sale is completed?
It can take several months for lender approval and for the sale to be completed. You can stay up to the hour of closing. Though, we suggest you move out the day before.
Can I Short Sale if I am already being foreclosed on?
Yes, a foreclosure means the lender is planning to take action due to a delinquency. Time it tight. We need to contact them immediately to delay further action and begin the short sale.
How much work will I have to do?
Not much at all. We will ask you to gather some basic financial information. From there, we and the Attorneys we work with will handle all the negotiations with your lender. You will need to allow showings whenever a Realtor asks.
How do I get going?
Contact us immediately. There are several documents that we need signed. From the time we sit down with you to the time your home is on the market can be as little as an hour.
“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.
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 professional legal advisor.