Vivian Morffi

There are millions of homeowners who owe more on their home than it's worth and don't know what to do. If you or someone you know is in this situation, I'm here to let you know that there are answers.

However, there's also a lot of confusion in the market today. One myth I often hear is that one particular option-a Short Sale-is basically the same as foreclosure. The people who say this couldn't be more wrong!

I want you to know the real facts, and to let you know that there are answers available.

At I've prepared a free report to illustrate the differences between a short sale and a foreclosure - so you can see the advantages for yourself at www.MonmouthDistressedPropertyExpert.com . This report shows the consequences of both, and provides valuable information about your options.

As a Certified Distressed Property Expert, I have seen the advantages a short sale can have on a homeowner's financial future as an alternative to foreclosure. I have a strong understanding of foreclosure avoidance options, and I am trained to execute a short sale quickly.

I sincerely hope that you will use this information and pass it along to those in need. Getting the right information is the key to getting back on track.

Please, contact me any time with your questions or concerns.

I'm here to help.

Vivian Morffi
Keller Williams Realty West Monmouth
732-536-9010x163

Homeowners facing Foreclosure Points to remember.

• If you have a 2nd mortgage, you are still eligible for a Short sale. Both of your lenders will need to be satisfied in some way to complete the short sale.

• You do not have to pay the listing agent commission, the bank will pay the commission along with all the other usual closing costs.

• You do not have to miss a payment to do a Short Sale. Most major lenders started accepting short sale offers from sellers who have never missed a payment late last year.

• Consult your Tax Attorney or Qualified CPA vor tax questions.

• Property taxes will always have to be paid as part of any accepted short sale.

• Mortgage insurance does not protect you against the deficiency amount.