No Up Front Costs to you!!! A Short Sale occurs when a Homeowner who is facing a Financial Hardship needs to sell their property to Avoid Foreclosure. If the Homes Current Market Sales Price won't be enough to cover the amount that is owed on the Mortgage after all Sales Expenses are taken into account, the Homeowner is facing a Short Sale Situation. What are the Benefits of a Short Sale? Protect your credit. Foreclosure damages credit up to 7 years and bankruptcy up to 10 years. Many experts believe that a foreclosure is much worse than a bankruptcy. Our Short Sale Service is FREE to you; the lender covers all the costs involved. Controlling future costs. If your property is sold at an auction, you may owe deficiencies and other expenses to the lender. Under most short sales we negotiate, the homeowner will be relieved of this possible future headache. Can investment properties be short sold? Can you do short sales anywhere in the county? Right now we only manage FLORIDA properties. What is a Hardship? Reduced Income or Unemployment. Very much so. Traditional Realtors only get about 15% of short sales approved. We work with the largest and most successful short sale processor in the county, and that is why our success rate is much higher. What Happens If I Don’t Do a Short Sale or my Short Sale is Unsuccessful? The result is the same: A Foreclosure. Our goal is for you to avoid foreclosure, which will affect your credit more than a short sale. Generally a foreclosure is one of the most damaging occurrences in a credit history. Most likely you will miss mortgage payments through the course of a short sale and this will show on your credit history. But at the end of the day, when your short sale is completed, your credit report will show that your mortgage has been completely “satisfied” and typically your credit score should almost immediately rise substantially!!
Yes, It's True !!
Specializing In Short Sales
What Exactly is a Short Sale?
In order for a Short Sale to take place, the Lender(s) must be effectively persuaded to accept a Discounted Payoff. Basically, this means that the Bank(s) will receive less than the full loan amount that is owed, and consider the debt settled.
A Short Sale is almost always a Win-Win Solution for both the Struggling Homeowner and their Lender. The Lender will receive the Highest Market Price without the additional Foreclosure Costs, and the Homeowner Avoids a Devastating Foreclosure on their Credit Report.
The end result is that your home is Sold, the Mortgage is Satisfied, and you Avoid a Foreclosure or Bankruptcy in the event of hardship. Perhaps even better, your credit rating will almost immediately improve because your credit report shows that your mortgage was either paid in full or settled.
Your Lender Will Pay For Our Services!
How do we provide our Customers with Expert Service while Offering them ZERO Out of Pocket Expense?
With our Highly Experienced Team, we Negotiate a Win-Win Solution between the Struggling Homeowner and their Lender. We are so confident in our ability to help our customers, that we ONLY Offer our Short Sale Service with Absolutely ZERO Upfront Cost.
Call Now For Your Free Consultation
When a Short Sale is achieved, a foreclosure is avoided. A Foreclosure can damage credit for up to 7 years and a Bankruptcy up to 10 years. Many experts believe that a foreclosure is much worse than a bankruptcy.
Most definitely. Any type of property can be sold through a short sale.
Inability to work due to health reasons.
Separation or Divorce.
Medical Bills.
Business Failure.
Death of a Spouse.
Adjustment in mortgage payment or unforeseen increase in your monthly expenses.
Any other circumstance that cripples your ability to repay your mortgage.
Does It Matter Who Does a Short Sale?
Brian Finkle
Licensed Realtor
CHARLES RUTENBERG REALTY