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What a Short Sale is ...N O T!

 

A Short Sale is NOT

A sale under market value

 

A Short Sale is NOT

Bank owned (foreclosed) house

 

A Short Sale is NOT

House being sold at public auction

 

A Short Sale is NOT

A home that is paid for and is being sold for under its Market Value

 

A Short Sale is NOT

House is sold on the county steps for the highest bidder - Trustee Sale

 

A Short Sale is NOT

When you turn your home back to the lender under the DIL process

 

A Short Sale is NOT

 

Lender does not grant approval for short payoff but you lose the house at the end of the foreclosure time-line

You might say a short sale is not EASY!

 

A short sale is when you owe more than your home is worth AND you list and receive a formal offer that is approved by the lender BUT it is for less than what you owe on the mortgage.

And BEWARE of verbal agreements.  Get it in writing... the only way it is an agreement is in writing.

Want more tips? Give me a call at 866-750-8282 or visit our site at http://www.motheranddaughterrealty.com/

 

For free market evaluation of your home visit http://www.motheranddaughterrealty.com/

Check out my Mother and Daughter Blog for other tips for Sellers and Buyers. I work with my daughter as the Mother and Daughter Real Estate Team and we also focus in Short Sales and the Pre-Foreclosure process.  Our consultations are free.  Our aggressive marketing plan includes progressive on-listing advertising.  If you are thinking of selling or buying a home in Northern California: Central Valley (San Joaquin/Stanislaus Counties), East Bay (Alameda Counties) and would like a free Home Seller or Home Buyer Handbook, please call us at Perfect Financial Solutions 866-750-8282 or direct 510-284-7721 or email at brooksrm2042@aol.com

 


the Mother and Daughter Real Estate Team ~ Short Sale Specialists

Perfect Financial Solutions - We care about our clients Real Estate needs
Tel.: 866-750-8282
Fax: 209-879-4601
http://www.motheranddaughterrealty.com
 
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Rosemary Brooks -Mother & Daughter (866)-750-8282
Family Realty Group - 866-750-8282
Stockton, CA

Office Phone: (866) 750-8282
Cell Phone: (209) 627-9119

More information...

Contact Rosemary Brooks -Mother & Daughter (866)-750-8282

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