If you think you may be upside down in your property, and face selling your home as a short sale, then you should turn to a short sale expert to get all your questions answered before you begin the process!
“What is a short sale?” A short sale occurs when the sales price is insufficient to pay all loans and liens against the property. Accordingly, in a short sale transaction, the bank agrees to potentially forgive some of the debt in order to sell the property and avoid foreclosure.
At Liz Moore & Associates, we have a partnership with Lytle Title, a settlement company that has a Short Sale Expert. Why a Short Sale Expert? Short sales can be very difficult, and require knowledge, work, and effort beyond the normal real estate transaction. A Short Sale Expert, with the specialized experience to help guide you through the short sale process, can be an invaluable effort when you’re facing a distressed property sale.
Under the watchful eye of local real estate attorney, Brian D. Lytle, Esquire, Jennifer Stallings is on a mission to ensure that your short sale transaction closes without a hiccough. No upfront fees are ever charged to agents or sellers. Jennifer (aka, “Short Sale Commander!”) begins by helping you evaluate whether or not you are a good candidate for a short sale. She’ll answer your questions about the process, potential liabilities, and address any other concerns you may have.
There are many benefits to completing a short sale versus allowing your home to go into foreclosure:
- You control the end result, the timing for your move, etc.
- You are better able to plan your future
- You avoid any stigma associated with foreclosure
- The impact to your credit and your ability to buy a home in the future is almost always better with a short sale.
Want to learn more? Download our free white paper, Frequently Asked Short Sale Questions. If you would like to arrange a complimentary consultation with an agent who specializes in short sales, email us at concierge@lizmoore.com.
