So How does the Short Sale Work?
In a Short Sale, you the seller wants to sell the house, however, your bank has
to agree to the price. The bank knows they are going to lose a lot of money,
therefore it will send a B.P.O. to your house to report back to the bank on the
condition of the house and the value of other houses in the area comparable to
yours. The BPO report will determine if the bank is willing to take a discount
on the mortgage and how much of a discount they are willing to take. In
addition, the lender will ask for proof of your financial status, including
explaining in a hardship letter what caused you to fall behind on your monthly
payments. If you are already in bankruptcy and foreclosure then we can still
work with you, however we have to work with your bankruptcy attorney and
coordinate things between the bank and the other creditors. Due to the many
steps of the shortsale, it may take a longer time. Don't give up. When you are
in foreclosure, time is of the essence and cooperating with the lender to meet
their requirements is crucial to the success of the short sale.
If the lender (bank) agrees to the short sale offer, we can
purchase your house and your credit can be saved! You will not have
foreclosure on your credit! Your nightmares will be over! A Short Sale can
be a solution to save your credit and have a new fresh start. For awhile you
might have to rent or rent to own a lease option house or lease purchase a
home, however, not having a foreclosure on your credit will help you in the
long run.
You, the seller, do not want to have a foreclosure on your credit report
because it will damage your credit for years and prevent you from getting a
conventional mortgage on a new house for years. By doing a short sale, you
can avoid bankruptcy and save your credit. If you are upside down on your
mortgage then a short sale can be the solution.
Do
you think that there is no way out?
Do you feel like there is no hope and you're ready
to give up?
A Short Sale may
be your
solution!
Do you think that the foreclosure cannot be
stopped?
Do you think that the problem will just go away?
We Can Help! We can STOP FORECLOSURE!
It will cost you NOTHING!
Avoid and Stop Foreclosure!
Save your Credit!
I have negotiated away hundreds of thousands
of dollars of debt for people we have worked
with! Why do banks forgive debt?
Call
me at 895-3100 and I'll gladly explain.
This is real and it works. We are
members of the Better Business Bureau.
Check out our Better Business Bureau report
Contact us to
sell your house
and avoid
foreclosure
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in Louisville"
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Thank you
for visiting
www.avoidandstopforeclosurelouisvillekentucky.com
to learn
more about
avoiding and
stopping
foreclosures in
Louisville
Kentucky.
Please
contact us
soon for a
FREE, no
obligation
consultation
to see how
you can sell
your house
and stop
foreclosure
on your
home!
Call (502)
895-3100
Today
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