A short sale often benefits all parties...Win! Win! Win!
To clarify: A ‘short sale’ occurs when the outstanding loans against a property are more than the market value of the property. A short sales can be a way for Las Vegas homeowners to avoid foreclosure and settle with lenders for the difference between the final sales price and the outstanding loan balance.
According to MSN Money a short sale is "the sale of a house for less than what the owner still owes on the mortgage. If the lender agrees to a short sale, the rest of the homeowner's debt typically is forgiven. Lenders sometimes agree to the procedure in order to take a small loss and avoid the lengthy and costly foreclosure process."
Our role at Help-U-$ave Real Estateis to expertly negotiate, on your behalf, with the bank/lender and achieve their acceptance of the lowered listing and sales price of your property. We navigate the path to a successful conclusion.
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