Is your house worth less than you owe on your mortgage(s)? Foreclosure is an embarrassing and frustrating solution that wrecks your credit, setting homeowners back for many years. There are other options. The next step is knowing and understanding the best option for you.
Jeff Sibbach has a successful plan to help!
Marketing your home with the Sibbach Team Click Here to Get Started!
Dislclaimer: "If you stop paying your mortgage, you could lose your home and damage your credit rating."
Disclaimer: "Realty One Group is not associated with the government, and our service is not
approved by the government or your lender;"
and
"Even if you accept this offer and use our service, your lender may not agree to change your loan."
What is a Short Sale?
According to the Arizona Department of Real Estate, “A short sale is a real estate transaction in which the sales price is insufficient to pay the loan(s) encumbering the property in addition to the costs of sale and the seller is unable to pay the difference.” A short sale is not without financial risks and challenges, so consulting a profession for legal and financial advice will be necessary prior to moving forward with the sale. If you would like a list of legal and financial professionals, please contact us to get started.
When the homeowner is positioned to sell the home, but they cannot pay off the loan from the proceeds of the sale, or by other financial means, the homeowner faces several options. The three most popular are Loan Modification, Foreclosure or Short Sale:
At this point, it is time to contact Jeff Sibbach, Certified Distressed Property Expert and Certified Short Sale Negotiator. He can help the homeowner facing foreclosure make the best decision for themselves!
1. We have a conversation discussing the pros and cons of all options.
2. If a short sale is the best option, we would represent you and effectively market your home to find a buyer quickly.
3 . We will work with you to help you prepare the "Short Sale Package" your bank will require. Your Lawyer and/or I will work with your bank(s) to achieve an acceptable price, as well as terms and conditions that work for you and the Buyer.
If this is what you are looking for, please contact us immediately to let the education process begin with no obligation.
If you're a homeowner who is trying to make the decision of letting your home go to foreclosure versus attempting a short sale, be sure to educate yourself. Saving your credit is one reason people choose doing a short sale. Always seek legal and tax advice before making the decision.
What should you do next?
Contact a qualified Agent to help you decide what is the best decision for you!!
Jeff Sibbach
480-215-7365
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Top 1% in Maricopa County by Volume out of 33,000 agents since 2005
Marketing your home with the Sibbach Team Click Here to Get Started!
