Short Sale Assistance

If you are facing a foreclosure a Short Sale can be one of your best options

The average agent can help someone sell their home though the standard channels of MLS and other web site postings, but that does not qualify them to be a short sale specialist. At NoForeclosure our agents have the experience and knowledge to qualify your property and put together a package of required information to take your listing from a short sale to an approved short sale. Most homes that are on the market today are short sales that have not been approved by the lender, our goal always is to work with the lender to get the property to an approved short sale status. There are alternatives to short sales, but as a last resort to get out with the least amount of stress this can sometimes be the best alternative. Our goal is to prevent foreclosure by explaining homeowners' rights, assisting them with the necessary paperwork, and negotiating with the lender on the homeowner's behalf. We have a group of seasoned professionals who work on your behalf. 

The Short Sale

A short sale occurs when a lender agrees to accept less than the amount owed against the home because there is not enough equity to sell and pay all costs associated with the sell. Not all lenders are willing to negotiate with the homeowner on a short sale. Many lenders want a homeowner to be represented by an agent to fully market the home to a broader number of potential buyers. A professional short sale specialist can be a tremendous help. A short sale can be a difficult and confusing process for individuals who do not have expertise in dealing with lenders. During a time when finances are tight there are enough stressful issues to contend with without the additional burden of learning to ride a new bike. It is difficult for an individual to simply decide one day that they want to a short sale. Lenders require specific information and documents to be received in order for them to approve a short sale. Homes have been lost over not having all documents received or incorrect information being sent within the time frame required. We work with the lender's loss mitigation department and take you through the entire process.

What We Do Best

A NoForeclosure specialist provides our customers with years of collective experience in short sales. Our goal is to prevent foreclosures and use our proven relationships with lenders to create an approved short sale so you can keep your home to get it sold without a foreclosure on your record. Many lenders can take several months to approve a short sale. Due to our long-term working relationships with lenders, we can cut this process down to weeks vs. months.

The Negotiation Begins

A short sale negotiation can be very difficult and stressful for the homeowner especially if you are behind in payments and your financial situation does not allow you to get caught up. Using a professional loss mitigation company can be extremely helpful, as we do your mediation for you allowing you to rest easy. Our clients help to keep the home in ready condition to show to prospective buyers and can stay in the house on the average for 2 to 4 additional months without making a mortgage payment. A short sale can be a win win situation for all parties, and in today’s economy an extended solution to soften the stress for many homeowners. 

Apply today with no obligation and let us help you to find an alternative to stop your foreclosure. After you fill out your no-obligation application, you will receive a check list of the documents we will need and a financial statement for you to fill out and fax back to us.

Click Here to View and Print the Short Sale Financial Statement Form
(Note: you can print the financial statement and fax it in once you complete it with your submission checklist documents)

Click Here to View and Print the Short Sale Submission Checklist !

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