SHORT SALE INFORMATION
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W. JODY GRAVES, REALTOR ®, e-PRO, CA DRE License #01480385 Cell: 951-377-9312 Jody@JodyGravesHomes.com |
Wright Realty Partners, Inc 41667 Ivy St., Suite C Murrieta, CA 92562 Fax: 951-694-5228 Jody's Office: 800-229-4133 Company Office: 951-696-1300 |
Need a "Short Sale?" What is a "Short Sale?"
A short sale is a sale of real estate in which the proceeds from the sale fall "short" of the balance owed on a loan secured by the property owner. In a short sale, the bank or the mortgage lender agrees to discount a loan balance due to financial hardship on the part of the borrower. For the homeowner, the advantages include avoidance of a foreclosure on their credit history (which remains up to 10 years). Depending on other credit information, it is typically possible to obtain another home loan in 1 - 3 years after a short sale.
Can I qualify for a Loan Modification?
I am participating in a local program called Realtors Reach Out. This is a no-cost, community outreach program that has been implemented to provide answers and assistance to local homeowners who are facing a financial hardship situation. Are you interested in learning if you qualify for a government home retention plan? We offer a free 20-minute consultation where we help at-risk homeowners analyze their current finiancial situation, and explore home retention options and explain the various programs available to assist you. If this is something you want to learn more about?, please contact me. If you have received a Notice of Default, don't wait! Time is of the essence!
Why Not a Foreclosure?
A foreclosure is such a tragedy, and causes so much future trouble and pain that only the most misguided person knowingly allows this to happen. A foreclosure remains on your credit record for up to 10 years. A foreclosure can negatively affect job hiring, your employment status, security clearances, etc. A foreclosure does not automatically dismiss your mortgage debt. Don't let your home go into foreclosure.
Call me, Jody Graves, or send me an e-mail, so we can review your possible options . Get the facts so you can make the smart decisions. There is no cost or obligation.
951-377-9312 or Jody@JodyGravesHomes.com
