“I Want Out From Under This Mortgage”: Avoid Foreclosure in Louisville
“Every month is a struggle.”
“There’s no end in sight.”
“I can’t pay this mortgage and feed my kids. It’s one or the other.”
“The loan modification was a joke.”
“I’ve tried everything. I can’t handle this anymore. I need out”
These are direct quotes. Sellers are hurting. But sellers are still trying to do the right thing. They struggle until they can’t struggle any more. Incurring debt elsewhere to keep the mortgage payments propped up. Working extra jobs to keep the mortgage payment propped up.
Owners can’t sell because house values have declined way below loan balance.
So, what’s the way out?
Short Sale
A short sale is a valid and dignified way of selling an “underwater” home. In a short sale, the lender accepts an amount “SHORT” of the amount owed. Hence the word “short” in short sale.
The seller sells their house, they don’t get foreclosed upon. Sellers don’t lose their home, they get rid of their mortgage payment.
To get a short sale successfully done, always hire a Realtor who is highly trained and experienced in short sales.
Submit Your Information Now or Call Us at (502) 664-7827
If you enjoyed this post, you may also want to read:
- “I’m in Foreclosure and Can’t Afford a Realtor Commission.” What to do?
- “I Can Finally Get a Good Night’s Sleep” – What a Pre Foreclosure Short Sale Can Do For You
- Bruised But Unbroken – How a Short Sale Can Help You Avoid Foreclosure In Louisville
- Are Short Sales a Legitimate Solution? The Answer is a Resounding Yes!
- Can I Short Sale If I’m Behind On Payments?
- Can I Stay In The House While A Short Sale Is Being Done?
- Hanging On Too Long When Can’t Afford Payments – Avoid Foreclosure With a Short Sale in Louisville
- Foreclosure, Short Sale, Credit and Employment
- Don’t Lose Sleep Over Your Mortgage – Lose Your Mortgage!
- Half a Short Sale? Or, HAFA Short Sale?
- I Need To Sell My House Fast In Louisville To Avoid Foreclosure
- If I’m Not on the Loan Will a Short Sale Hurt My Credit?
- If The Foreclosure Auction Is Already Scheduled Is It Too Late To Do A Short Sale?
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