For many Homeowners that have defaulted on their mortgage, the chances of a Foreclosure occurring is a uncomfortable fact that they must face. However, a Homeowner could avoid a Foreclosure by short selling their house before a foreclosure occurs.
What is a Short Sale?
A short sale is when a Homeowners sells their home for less than what is owed. In other words the Homeowner is selling “short” of the full payoff amount…hence the term “short sale”.
Why consider a Short Sale?
A short sale allows you to settle your mortgage liability for less than what is owed. A major benefit of a short sale is avoiding a Foreclosure and a possible eviction from the house. Another benefit is that a short sale may have a less negative effect on your credit. A smaller “hit” on your credit will allow you to qualify sooner than if your house went through foreclosure.
Carlos Can Help With Your Short Sale
A normal real estate transaction is complex and a short sale transaction is extremely complex! You need to work with a person who has experience with short sales. Carlos has helped hundreds of people avoid foreclosure by short selling their property and may be able to help you too!
Hire Carlos as your Listing Agent Today! If you are interested in meeting with Carlos to discuss your situation, please contact him any time.