Columbus OH – Bank of America is rolling out a
new short sale program that will provide the quickest route to a short sale
decision.
The bank came up with this program to help ensure that homeowners are able to
explore all their options and avoid foreclosure.
This program, named the Bank of America Cooperative Short Sale Program,
minimizes the challenges of traditional short sales - such as having to wait up
to 60 days for a representative to even be assigned to your sale.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
A cooperative short sale starts with a phone call from the homeowner to the
bank. The homeowner explains to the bank that he or she has suffered a
hardship, and will no longer be able to make the mortgage payments.
The Banker and the homeowner will probably discuss a loan modification. In
fact, this may be a pre-requisite to entering into a cooperative short sale.
Once the bank has determined that a loan modification is not a viable option,
and after documents have been presented to the bank that show the home owner's
hardship, then the bank is not left with any good options than the cooperative
short sale.
The next step in the process is for the Bank to order an appraisal. The
property is then listed with a Realtor at the appraised value of the house, and
the Bank agrees to sell the property at the appraised price.
Buyers can get an answer on their offers within only a day or two, not the 3-6
months a traditional short sale takes. This is because the short sale is
pre-approved.
The Bank also understands that the appraisal may have come in high, and if the
property doesn't sell in 21 days, the price gets lowered every 21 days until an
offer comes in.
We think this is a great new program that will make short sales much easier for
everyone involved. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495.
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Columbus Short Sales: Good News On Bank of America Short
Sales is provided as a courtesy to our viewers to help them make informed decisions.
Hello Friend nice post your update and very helpful information.
ReplyDeleteAvoid Foreclosure