I wanted to share with you 2 families that I helped with short sales last December. Both sellers had two different circumstances and I was able to successfully help them get out of foreclosure. Both homes were scheduled to go to auction in January and I closed both deals in December.
One seller was going thru a divorce. Yes, divorce is a hardship and having one person staying behind without the substantial income to pay the mortgage and expenses associated with the home is acceptable to the bank. The other is a homeowner that had a decrease in income. They did not lose jobs but their hours were lessened, hence, less income. A decrease in income is a hardship.
A successful short sale is a win/win for the seller, they are not going to foreclosure; a buyer, who is getting a good deal and is able to help a seller get out of foreclosure; and me, the listing agent who is able to negotiate a short sale with the seller's lender, and the buyers agent who gets a full commission. Tell me why someone should not consider short sale?
If you are in a situation where you cannot pay your mortgage, please do call me so I can discuss with you your options. It is a simple 15 minute consultation, that's all. Please call me at (512)786-7355 today!
This is a blog about Austin Real Estate. Texas Real Estate Commission requires that I include the following links on my Business Blog page: Consumer Protection Notice and Information About Brokerage Services https://drive.google.com/file/d/19Izy10QHZW15HqaiHx3-9eY4Lopa_pPf/view?usp=drive_link https://drive.google.com/file/d/1Aad8Tw-5yKDyyb0aA_to5dt6wRB0GXg6/view?usp=sharing
Showing posts with label short sale and decrease of income. Show all posts
Showing posts with label short sale and decrease of income. Show all posts
Friday, February 11, 2011
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