Why not just let the bank have the property, I have been turned down for a loan modification and all of this is too much and very frustrating.
Short sales are worth the extra effort. They enable you to buy another home much faster than you would have to wait if you experience a foreclosure they cost you nothing. All the costs are included in the short sale transaction. Although there are sometimes some extraordinary situations that could be out of pocket for a seller, but that is very few and far between. I have not ever had a seller pay anything in a short sale transaction.
That is a legitimate concern. Here is why the lenders are willing to pay your agent. If they foreclose on the home, they will have to hire an agent to sell it.
The study results showed that a lender will make more on a short sale than a foreclosure. Oftentimes the difference is huge.I have seen some lenders lose hundreds of thousands of dollars. They turned down a short sale thinking the home would sell for more.
In a short sale transaction you will also be released from the debt of the shortage and with the mortgage debt foregiveness and cancellation act you will also have no tax penalties in having to claim the shortage difference. With a short sale you can buy another home in as little as two years.
I can help you short sale your property. Send me an email phillis@txhomerealty.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (214) 650-5536
Discover how other sellers successfully completed a short sale and request a free consultation by contacting me at 214-650-5536 or phillis@txhomerealty.com.
Thinking about a loan modification? We assist you at no cost contact us today.
Thanks for reading this, Phillis Nealy.
Phillis is a Real Estate Agent at The Texas Group. Dallas Short Sales Realtor:
Phone: (214) 650-5536. phillis@txhomerealty.com.
A Realty company with Service as Big as Texas
View My homes for sale at http://www.txhomerealty.com/.
Phillis Nealy specializes in loan modification assistance and short sales in Dallas Texas. Dallas Loan Modification Help, Dallas Short Sales. Texas Short Sale Realtor , Short Sale Realtor. Dallas TX Short Sales. Dallas Realtor.
This information on Dallas Short Sales is provided as a courtesy to our viewers to help them make informed decisions.
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