Distressed Sale Option
Learn How a Short Sale Can Help You Avoid Foreclosure
With thousands of homeowners in the United States facing financial distress in the form of potential foreclosure, it is a relief to know there may be options available to you. Feeling like there is no other option besides foreclosure can be an overwhelming experience that turns home ownership from a joy to a burden. Foreclosure on a home has consequences for the entire family as well as the community and overall economy. The option for a short sale provides a way for homeowners to prevent foreclosure.
Home owners who are facing foreclosure often dread dealing with the facts and do not understand that proactively seeking a short sale may be a better alternative and have less impact on their credit rating than allowing a forclosure.
Do any of these apply to you?
- Job loss / unexpected unemployment
- Sudden illness or medical emergency
- Death in the family
- Divorce / loss of second income
- Excessive debt obligations
- Mortgage adjustment
- Insurance Increase
What is a Short Sale?
In an approved short sale, your mortgage lender agrees to accept less than is owed for the property and the homeowner may be relieved of the debt. Many lenders (banks) may be willing to do this because it spares a lot of hassle and expense involved in selling the property following a foreclosure. Most importantly, a short sale does far less damage to the homeowner’s credit than a foreclosure. In most instances, homeowners considering a short sale must meet specific criteria to qualify.
Marvin is a Distressed Property Expert ready to help YOU.
With his Certified Distressed Property Expert designation (CDPE), Marvin has taken the initiative to become an educated and prepared advocate on the behalf of a homeowner in distress. His years of experience and success in the real estate market have equipped him with the expertise to help distressed property owners avoid foreclosure. Marvin is determined to assist homeowners facing foreclosure and provide them with the right solution based upon their individual needs.
Time is a Factor
If you would like to explore the possibility of a short sale for your property, avoid foreclosure, and potentially have a lesser impact on your credit rating, please complete the form below. Marvin’s team will be in touch to help you determine what alternatives may be available for your specific situation. Time is a strong factor to a successful short sale so the sooner we are contacted the sooner we can evaluate your choices.
Please know that all communications will be held strictly confidential.
Please know that all communications will be held strictly confidential.