Free Short Sale Info – How a Short Sale Can Stop Foreclosure


The recent slowdown in the real estate market is causing many home owners to fall behind on their house payments. If you can not sell your house fast and you are losing your home to foreclosure, you have one last option. Have a specialized home buyer complete a short sale.

A short sale is a course of action that will allow you to sell your home and be relieved of the debt. There are many reasons why I suggest having a specialized real estate investor perform the short sale course of action.

1. Most important reason, this is your last chance to stop foreclosure and a short sale can do that

2. You need someone who is an expert in short sales, not just someone who knows the time of action. A successful short sale will be a combination of factors including negotiating with loan loss mitigation personnel and submitting lots of paperwork

3. Lenders will not already look at the short sale package until you have a signed, accepted offer for your home.

4. Realtors do not buy houses and consequently waste valuable time listing your character when that time is vital to the short sale course of action

5. Real estate investors buy houses, you get your accepted offer, lenders accept and course of action your short sale paperwork

6. You need to be aware of the benefits and consequences of completing a short sale

7. It is Free to have a specialized home buyer perform a short sale, it cost you nothing

In Idaho your mortgage company will typically allow you to fall behind 90 days before they file a delinquent notice in the Idaho Business Review Magazine or the Idaho Statesman newspaper. This delinquent notice makes it public record that your home is falling into foreclosure.

The foreclosure rate has increased considerably in Ada and Canyon County Idaho. The majority of foreclosures in Idaho are occurring in Boise, Nampa, Meridian, Eagle, Caldwell and Star. Many Boise Idaho residents who are losing their homes to foreclosure are wondering how they can stop foreclosure fast and move on with their lives. Well if you need to sell your home fast then contact your local home buyer and see how they can help. If you do not have equity in your home a short sale may be your best option.

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