Is anyone you know struggling to make mortgage payments? With millions facing foreclosure today, chances are, someone you know is in this situation.
The first thing to understand is that you are not alone, and there are dignified solutions to foreclosure. A short sale is one alternative becoming more and more common. Many homeowners pursue this route because the financial effects of short sales are much less damaging than foreclosure. With a short sale, your lender is willing to accept less than the full amount due.
From future mortgage eligibility to your credit status, the results of a short sale leave you in a much better financial position than foreclosure. And now the U.S. Government is making short sales easier and quicker through programs like the Home Affordable Foreclosure Alternatives Program, or HAFA, which gives the homeowner up to $3,000 cash at closing for participating. Also, some national banks like Chase and Wells Fargo are also offering their own cash incentive programs to short sellers. And FHA/HUD is also offering cash money to short sellers at closing for short selling versus letting their home be foreclosed.
And your lien holder (lender) pays all your closing costs, back taxes, and agent commissions too; so a short sale is done at no out-of-pocket expense to the homeowner (your lender pays everything for you). It is also important to note that I charge no up-front fees of any kind and you can cancel my service agreement at anytime.
This isn't the easiest situation to deal with. However, confronting an unaffordable mortgage head-on with the right information can help homeowners regain financial stability.
We will negotiate with your lender to accept less than the amount owed and get them to forgive the difference and cover all the closing costs, back taxes, and agent commissions as well.
As an agent with the Certified Distressed Property Expert designation (CDPE), I have extensive training and experience in pursuing foreclosure alternatives. I can help homeowners figure out their best possible options. Feel free to call me anytime (weekends, holidays, and evenings included) to discuss your situation with complete confidentiality.
George Kiefer, Broker
GRI, CDPE, CLHMS
The Kiefer Group
Cell/Text: (512) 970-0709