FAQ
- What Options do I have if I am in default?
· Short Sale/Payoff (our speciality)
· Forbearance Agreement
· Loan Modification / rate and term adjustment
· Deed in Lieu of foreclosure
- ·
File Bankruptcy and be foreclosed on.
-
I need to sell. How can I do a Short Sale?
You will need to show the bank that you are experiencing a financial hardship
and your only other option may be foreclosure.
What will the bank consider as a financial hardship?
- Not every sitution is the same.
However here is a typical list the banks will consider:
·
Health related financial problems
· Death of Spouse or Divorce
· Job Relocation /you have to move.
· Reduced Income
· Business loss or serious decline
· Bad loan product / excessive rate adjusment
Is there anyone that can help me apply for assistance?
Call us 1(800) 840-2248 and we will examine your situation
and determine the best course of action.
How do I qualify for a Short Sale?
You must be able to show you have a hardship.
We will provide the forms the banks will need to consider your situation.
What will I need to do during the process?
- The property owner in most
cases must:
·
You will need an active MLS listing (we provide this service
free to short sellers)
· You will need to provide access for showing your property
to agents and their clients.
· You may not finance property while on the market.
· You will need to maintain the property is good "showing"
condition to enable the sale.
· Basically you need to act like any other home seller
until close of title then vacate without delay.
Why use your service and not just a local
real estate agent?
We know short sales and we know what your bank will need to qualify you.
This knowledge and experience is critical to your success. Most agents are not
familiar with this specialized area of real estate.
If I use your service will I need to find an agent to list my
property and pay them a commission?
No! We have a broker/agent in house that will list your property for you at no charge.
You pay nothing our compensation is payed for by the bank.
What will Short Sale Blue do for me?
At no cost to you we
offer:
·
Professional consultation
· Preparation of Hardship Package
· Negotiate a Short Sale with your lender
· List your poperty in the MLS system in your area to
commence the sale.
(800) 840-2248
Or fill out
our form and we will contact you at your convenience. Go Here
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