Monday, September 30, 2013

A Few Mistakes To Avoid When Short Selling Your Columbus Home

Columbus OH – Short sales are confusing. Many people do not understand the necessary steps to successfully short sell a home.

The first priority is to find an agent with prior short sale experience. The more experience the better. They will know the necessary steps to help you short sale.

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

Unfortunately, many agents do not have much short sale experience. If you want to successfully short sale your home, then avoid hiring an agent who is not experienced with short sales.

Another mistake to avoid is deeding your home to a buyer. Some potential buyers will ask you to deed your house to them. The problem is that you give up all your rights and lose control over what happens with your loan.

Some buyers will rent your home out, pocket the rent, and let your home go into foreclosure. The sale would be legally enforceable and you, the home owner, would have to go to court if you want to cancel the sale.

Only deed your home as part of a legitimate sale after the short sale has been approved by your lender.

Another mistake some sellers make is to allow a buyer to negotiate the short sale directly with their mortgage company. The buyer has complete control of the negotiation and may attempt to negotiate a very low price with your lender.

This could go on for a long time and the buyer may back out at the last minute leaving you with no option to avoid foreclosure. In addition, you have no control over what information the buyer may provide to your lender.

They may give them information that would complicate any future dealings. It is best to avoid these mistakes up front when you are starting the process.

That way you have the best chance at a successful 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. 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. 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 Few Mistakes To Avoid When Short Selling Your Columbus Home is provided as a courtesy to our viewers to help them make informed decisions.

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