Short Sales: Falling Behind on Your Mortgage Payments?
Filed under: Finances
When financial struggles hit, it can be a challenge to keep up with your mortgage payments. Are you currently facing a situation where you are unsure if you will be able to keep your home because you are falling behind on payments? Then it might be time to consider a short sale, which could be a game-changer in this situation.
How Short Sales Work
Here’s what you need to know if you are thinking about a short sale. This method allows you to sell the property for less than what you owe on the mortgage. But you might be wondering: why would anyone choose to do this? The benefit is that you can avoid foreclosure, which helps to minimize the impact that the sale will have on your credit score.
Expert Help Navigating Your Options
Short sales and other similar real estate strategies can be quite complex, which is why you need an expert real estate team to assist. I’m here to help every step of the way, including negotiations with your lender to accept the sale price (and still make sure there is money available to pay the necessary real estate agent commissions in the transaction).
We have a lot of experience with these types of deals, and often our clients don’t even need to make a mortgage payment during the process. We’ll handle all of the details so that you can focus on moving forward to your next home.
Is a Short Sale Right for You?
If you’d like more information on short sales or just want to talk about the process, reach out to me anytime. I’m here to help home buyers and sellers in Temecula and the surrounding areas. Call, text, or email me: (951) 473-0390 or [email protected]