Advantage Team Short Sale Specialists have a very high success rate and have performed thousands of short sales successfully. We have added this service with no additional cost to you. With a nationwide network of experienced Realtors specializing in short sales and working closely with a loss mitigation company, your house will be priced to attract buyers AND satisfy your lender!
Working with experienced agents is critical. Without experience, your file can easily become one of hundreds going through your lender's system. And if not packaged correctly, stating information that the lender finds satisfactory, your deal can be declined.
There are many reasons to pursue a short sale, but among the most common are:
1. It may be less detrimental to your credit report. Instead of stating "foreclosure", your report may read "settled for less than full balance." or "Short Sale" And later when you are purchasing a new home, you will not have to check the box that says, "Foreclosure in the last 7 years."
2. During the short sale process, the Negotiator will include a "Release of Liability Form." This may waive the lender's deficiency judgment rights against you on any monies that they do not re-coup from the sale of the property.
3. Occasionally, attempting a short sale may slow the foreclosure process down allowing you to remain in the property for longer. Conversely, if you no longer live in the home and wish to speed up the process, our agents may be able to accomplish this as well.
For more information about short sales, contact one of our Specialists today at (801) 438-1111.
