The short sale process is a way for the affected homeowners to re-enter and fly the rebellion. Not the ideal exit, at least in a different residence, but it could set them free to fight another day.
I call it real estate upside down debt these days. This is what happens when you pay more than the original value of the property. This undesirable condition appears to be the norm in today's marketplace.
In the halcyon days of affluent homebuyers, lighter bank loans seem a distant memory, and the well-informed real estate broker is making lemon juice from the current lemon crop. There is no honesty in doing so, it is only a disappointment for all those who worry that these things have come.
One good thing is that the lender is usually willing to pick up the tab if not all of the costs associated with the short sale process. The key to unlocking this magic box is to work with your lender to modify the loan. The first step towards this goal is to hire a competent real estate broker to guide you through debt modification.
A real estate broker is best to help you navigate the dangerous waters of the short sale process. They have the professional expertise needed to guide you through shoals safely to the shores of financial liquidity. If you can't swim with sharks anymore, at least you'll be able to lounge by the pool side.
Check out: Mattress steam cleaning service
I call it real estate upside down debt these days. This is what happens when you pay more than the original value of the property. This undesirable condition appears to be the norm in today's marketplace.
In the halcyon days of affluent homebuyers, lighter bank loans seem a distant memory, and the well-informed real estate broker is making lemon juice from the current lemon crop. There is no honesty in doing so, it is only a disappointment for all those who worry that these things have come.
One good thing is that the lender is usually willing to pick up the tab if not all of the costs associated with the short sale process. The key to unlocking this magic box is to work with your lender to modify the loan. The first step towards this goal is to hire a competent real estate broker to guide you through debt modification.
A real estate broker is best to help you navigate the dangerous waters of the short sale process. They have the professional expertise needed to guide you through shoals safely to the shores of financial liquidity. If you can't swim with sharks anymore, at least you'll be able to lounge by the pool side.
Check out: Mattress steam cleaning service
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