What is a Short Sale?
When your lender agrees to discount their Pay Off to accommodate the sale of your property. Requirements:
1) Hardship.
2) Sale value is less than loans + encumbrances + selling costs.
3) Delinquent (or defaulted) loan.
What is the Purpose of a Short Sale?
Facilitate Sale of Property to avoid foreclosure
Benefits the LENDER by:
1) Reducing the proportion of "bad debt" for which they are accountable..
2) Avoiding high foreclosure costs.
3) Keeps Home Occupied.
Benefits to the SELLER / BORROWER:
1) Avoid Foreclosure - Better Credit Score.
Missed payments: score affected by approx. 30 to 100+ points.
Foreclosure: score affected by approx. 140 to 300 + points.
2) Save money: stay in home "mortgage free" during the process..
3) It's the right thing to do.
Do you think you need help with a Short-Sale Transaction? If so, Please don't hesitate to call or email me!!!
Thanks for reading.
Anna M. Rose
What is a Short Sale?
When your lender agrees to discount their Pay Off to accommodate the sale of your property. Requirements:
1) Hardship.
2) Sale value is less than loans + encumbrances + selling costs.
3) Delinquent (or defaulted) loan.
What is the Purpose of a Short Sale?
Facilitate Sale of Property to avoid foreclosure
Benefits the LENDER by:
1) Reducing the proportion of "bad debt" for which they are accountable..
2) Avoiding high foreclosure costs.
3) Keeps Home Occupied.
Benefits to the SELLER / BORROWER:
1) Avoid Foreclosure - Better Credit Score.
Missed payments: score affected by approx. 30 to 100+ points.
Foreclosure: score affected by approx. 140 to 300 + points.
2) Save money: stay in home "mortgage free" during the process..
3) It's the right thing to do.
Do you think you need help with a Short-Sale Transaction? If so, Please don't hesitate to call or email me!!!
Thanks for reading.
Anna M. Rose
What is a Short Sale?
When your lender agrees to discount their Pay Off to accommodate the sale of your property. Requirements:
1) Hardship.
2) Sale value is less than loans + encumbrances + selling costs.
3) Delinquent (or defaulted) loan.
What is the Purpose of a Short Sale?
Facilitate Sale of Property to avoid foreclosure
Benefits the LENDER by:
1) Reducing the proportion of "bad debt" for which they are accountable..
2) Avoiding high foreclosure costs.
3) Keeps Home Occupied.
Benefits to the SELLER / BORROWER:
1) Avoid Foreclosure - Better Credit Score.
Missed payments: score affected by approx. 30 to 100+ points.
Foreclosure: score affected by approx. 140 to 300 + points.
2) Save money: stay in home "mortgage free" during the process..
3) It's the right thing to do.
Do you think you need help with a Short-Sale Transaction? If so, Please don't hesitate to call or email me!!!
Thanks for reading.
Anna M. Rose
My competitive tool as a Realtor in my area that out stands many others is being a Short-Sale EXPERT!!! Many things can happen when doing a Short-Sale.
When thinking about short sales, you have to keep one thing in mind; it is a very difficult transaction process that can easily cause more harm than good if not performed properly. As a Certified Short-Sale Professional, CSP, I have been trained to navigate through the requirements that need to be met to get all parties to agree to the short sale.
If you're looking for an agent in the LowCountry of South Carolina that can handle this type of sale, please contact me!!! If you're agent that needs some advise or help with a Short-Sale transaction, please e-mail me. I'm always willing to help out other agents!!!
Thanks for reading,
Anna M. Rose
Qualified and Devoted in the Real Estate Industry extends over 10 years. I pose extraordinary knowledge and extensive skills within this trade. My Professional Competence,Is Your Personal Confidence!
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