Selling your property via short sale? If you qualify, it is so easy to do.

November 20, 2011 By Leave a Comment
foreclosure

Are you having a hardship? That mortgage payment difficult? Headed for foreclosure?  No. Foreclosure is not an answer. Short sales are now part of a banks NORMAL procedures.

The mortgage companies now have  (finally) standard processes for handling Short Sales. The entire process now takes about 45 days.  You have to have somewhat of a hardship and not just a desire to get out of an upside down property.

For some, the change in the economic environment might be enough if living on the edge.

If you are in San Diego and think a short sale is for you, call me, we can easily determine the right path for you.

A few KEY points:

The effect on your credit is minor!

You do have to move out of your house or condo.

Fighting Foreclosure

The new HAFA short sale provides $3,000 to help with relocation.

If a San Diego short sale is for you, I am a HAFA certified agent and am happy to assist you.  CALL ME! (619) 985-6528.  If you are anywhere else, I can still help.  I will refer you to the top Certified Residential Specialist  (CRS) in your area.

Here is a link to my free book…..Fighting Foreclosure.

Filed Under: Short Sales, Uncategorized Tagged With: , , , ,

The clock is ticking! Short Sell Now!

October 5, 2011 By Leave a Comment
short sale

If you ever plan to sell your house via short sale, the time to get started is now! 

The MTDFRA ( Mortgage Tax Debt Foregiveness Relief Act) and many state counterparts will expire at the end of 2012. That means that if the transaction closes after that date the homeowner will need to pay taxes on the amount forgiven.  This is HUGE! If you are having any trouble paying your mortgage and see ANY chance that you may not be able to pay (even if you’ve already modified your loan) short sell the house now.  Everything is perfect for you right now. Go back to renting for a little while then buy again in 2 years! The HAFA short sale program has several benefits and you might qualify for a HAFA short sale which allows the seller up to $3,000 to assist in closing costs. Check out the HAFA short sale guidelines now and contact your local Realtor  ( in San Diego that is me Alan Schmitt). Email or call me and I will refer you to an incredible short sale expert in your area.

The short sale process can take 4 to 5 months and with the deadline closing in, I expect a deluge of short sales hitting the system within the next 6 months. Have yours completed and be well on your way to your next purchase!  Don’t get caught with your pants down.  Act Today.

Check out short sale information at www.knowyouroptions-sd.com

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