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Thousands of homeowners are struggling to make mortgage payments on loans with skyrocketing interest rates. The time just prior to foreclosure, or “pre-foreclosure”, contains a small window of opportunity to re-negotiate mortgages and associated rates.
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Are you struggling to make your house payments and facing foreclosure? There are thousands of people just like you who are unable to keep up with the demands of skyrocketing interest rates and a flagging economy. One solution is called a short sale.
Short sale simply means that a house is sold for less than the value of the loan amount. This type of debt negotiation service can help homeowners sell a home fast, which is critical if you want to avoid foreclosure.
However, there are two major factors to consider when thinking about a short sale. The first is the reliability of the company who will handle your transaction. Don’t let the seriousness of your situation cause you to pick someone at random. Make sure you work with a licensed and bonded mortgage broker who has the knowledge and training to represent you effectively.
“There are some unethical people out there who say they are experienced in short sales. A true short sale specialist is one who is a licensed and bonded mortgage broker who works with a team of attorneys for contract review.” reports a representative from RE Acquisitions (www.sellhomeowner.com).
The second is the process required to complete a short sale. As with many transactions that involve banks and real estate, this is not something you can do yourself. There are a number of steps that need to occur in order to ensure the best possible outcome.
These steps include (but are not limited to):
A Competitive Market Analysis Drafting a Letter of Hardship Assessment of Assets and Income Review of Bank Accounts and Relationships A Preliminary Net Sheet
RE Acquisitions is a Portland, Oregon short sale service and debt negotiations firm. They have years of experience and professional credentials, in addition to strong relationships with lenders, that enable them to provide services to homeowners who need to sell their house quickly.
The licensed and bonded short sale and debt negotiation specialists at RE Acquisitions (www.sellhomeowner.com) can immediately help you sell your home fast by offering:
Same day cash payment Close on your time frame Reduction of closing costs Elimination of Realtor commissions Relocation assistance
Contact the representatives at www.sellhomeowner.com for more information. Don’t face foreclosure alone.
