Some of them would probably warn you about the drawbacks of buying a short sale - one of which would be the waiting period for the short sale to be approved by the mortgage holder.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure. http://columbusohshortsaleadvisors.com/
There is usually an agreement between the home seller and their mortgage holder whereby the mortgage holder agrees to accept the lesser amount than what is owed.
Despite the bad reputation of short sales, a number of buyers are actually interested in short sales. They call and say that they are interested in buying a short sale.
In other situations a buyer falls in love with a home and decides to wait for the short sale to be considered by the lender. This often happens with unique properties.
In one situation we helped a couple short sell a property with a 10 stable horse barn. The property was perfectly setup for horses. Now, this wouldn't matter to someone who doesn't own horses.
But, it was perfect for this buyer and they agreed to wait out the short sale process in the hope of their offer being accepted. Other buyers are interested in good deals.
They know that a short sale can represent a good buy compared to other properties. Yes, short sales do attract fewer buyers than non short sale properties.
But, at the end of the day we can work around that issue and still successfully short sell your home. Every short sale property we have listed for sale did receive an offer from a buyer.
If you must sell your home and you owe more than it is worth, then a short sale is usually your best option to do so. 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 Are Buyers Interested In Buying A Columbus Short Sale Property? is provided as a courtesy to our viewers to help them make informed decisions.
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