The state of the U.S. economy and housing market has brought many homeowners from security to uncertainty. But within this uncertainty, solutions have been created to assist those who need help. If you or someone you know is struggling to pay the mortgage, it is vital to understand that help is available.
The pressures of an upside-down mortgage are not just felt by the homeowner. Lenders are looking to avoid foreclosure and work with homeowners to find solutions to their financial situations. Lenders are not in the real estate business, do not wish to take ownership of a home, and do not want a house to sit idle on the market.
If you or someone you know is facing foreclosure and the damages it will cause to credit scores, employment or security clearance, you should consider a short sale. This option could allow you to sell or walk-away from your home without incurring liability for deficiency.
Every homeowner deserves the best information and education to protect themselves from losing their home to foreclosure and ruining their credit. For those already struggling to pay their mortgages and unsure of what to do next, understanding short sales can ease their stress and potentially save them from an impending foreclosure.
Deciding on which route will be best for you and your family’s future is the most important decision you can make. As a CDPE designated agent, I have been trained to assist homeowners in these difficult situations. Last year, I closed over 15 short sales with no deficiencies. If I can provide you with more information or assistance, please don’t hesitate to contact me.
Call Karen Arbutine at 888.727.7778 or firstname.lastname@example.org.
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