A Fifth Common Columbus Short Sale Myth: The Property Cannot Already Be In Foreclosure

Columbus OH – As you can see some of the so called short sale experts online don't know a lick about short sales. This article was on a finance site.

But, there were almost 300 comments, many from homeowners who were considering a short sale. Now, I don't pretend to know everything about short sales.

But, I do know that you can short sale your home even if it is in foreclosure. How do I know this? Because I've helped homeowners short sell their home. Guess what?

Click here to discover how other sellers successfully did a short sale and avoided foreclosure. http://columbusohshortsaleadvisors.com/

Their home was in foreclosure before we started the short sale process. Some people have even short sold their home after it had been foreclosed upon.

Now, I'm sure you are thinking, "But, that can't be possible. The homeowner doesn't even own the home anymore. They don't have the right to sell it!"

This can be done in a state where the homeowner has the "right of redemption." For example in Alabama, a homeowner has 12 months after foreclosure to "repay the balance due and keep their home."

The sad reality is that this rarely happens. In today's world credit is such an important part of getting a loan. If your house has just been foreclosed upon, then you will find it very difficult to get a loan to buy your house back from the bank.

But, these people can short sale their home during the 12 month "right of redemption" period. I know other realtors who work in "right of redemption" states.

They do short sales during the right of redemption process. The banks handle it like any other short sale. 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.

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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 A Fifth Common Columbus Short Sale Myth: The Property Cannot Already Be In Foreclosure is provided as a courtesy to our viewers to help them make informed decisions.