YOU HAVE OPTIONS!
Sellers facing financial difficulty can be overwhelmed but there are options. Let us be your resouce.
One of the biggest struggles for sellers facing financial difficulty is understanding their options. We've been trained to explain these options and strategies to homeowners so they can make the best decision for their future.
What are your options?
- Refinance
- Sell and bring cash to closing
- Lender Workout (Loan Modification or Forebearance)
- Short Sale
- Deed in lieu of foreclosure
- Foreclosure
- Do nothing and walk away
What is a short sale?
A short sale is a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt.
Call us today to discuss what option is right for you.
