The buzzwords today are short sales. How might this affect you? Well, for those of you that are in the unfortunate situation of falling behind on your payments or have gotten into a bad financial state this may be an answer to your worries. A short sale is a better option than foreclosure.
With all the efforts of the government your best bet is always to contact your lender and try to work out an affordable payment schedule or refinancing with better terms but sometimes neither is possible. If you find yourself in this situation, let us help you. We will market your property and once we get an accepted offer we will negotiate on your behalf with your lender to take less than the amount owed on the loan but releasing the lien and therefore releasing you from your burden.
First and foremost don't wait until you get a foreclosure warning. The quicker we start the quicker a resolution. Make sure you get an up to date payoff on any and all mortgages on the property. Sellers are often shocked and surprised by the fees and penalties that quickly add up.
Call The Melinda Duncan Team and let us show you how we can help you. We offer a complimentary consultation and we will keep your business private. You can reach us at 859-422-2035.