You Don’t Need Money To Hire a Louisville Short Sale Expert Realtor To Avoid Foreclosure
As a general rule, the short sale does not cost the seller anything. Zero out of pocket, seller brings no money to closing.
The Short Sale Lender Accepts Less Than You Owe
In a short sale, your lender accepts and amount SHORT of your payoff, hence the phrase SHORT sale. They accept what the market will pay, regardless of of what you owe them.
The Short Sale Lender Pays Your Closing Costs
When the seller is experiencing a true hardship, the lender recognizes that the seller does not have money on hand to pay closing costs, commissions, property taxes and all the various fees that pop up at closing. The short sale lender pays the sellers costs.
Why Would Your Lender Pay Your Costs? Here’s Why
Well, you may ask, how can that be? I’m often asked “The lender’s collections department has me on their robo-call and they’re hounding me 4 times a day to make a monthly payment. Why would they suddenly turn around and pay thousands of dollars of my closing costs?”
Here’s why: The lender doesn’t want your house and they don’t want to foreclose on you. It costs them tens of thousands of dollars in lost payments, legal fees, court costs, taxes, insurance and maintenance just to get your house at the foreclosure sale. Then they get to own it and pour more money into a vacant, abandoned foreclosure house, pay a Realtor a commission and dump it cheap.
They would rather settle now, pay your closing costs, get their hands on what’s left in the form of a check rather than get the keys to your house.
Thousands of Short Sales Close at No Cost To The Seller
Tens of thousands of short sales close every year across the nation without costing the seller a dime.
Dave Halpern Has Helped Many, No Cost To You
Call Dave today. Friendly, Compassionate, Professional, Knowledgeable, Experienced, Systemized, Organized, Fully Staffed. Many Testimonials Available.
You have options, we can help.
Unlike a lawyer who charges you thousands whether you win or lose, you will never pay Dave Halpern anything. The bank pays the Realtor out of their proceeds.
Submit Your Information Now or Call Us at (502) 664-7827
If you enjoyed this post, you may also want to read:
- Are Short Sales a Legitimate Solution? The Answer is a Resounding Yes!
- Avoiding Foreclosure With a Short Sale: The First Meeting With Your Realtor
- Bruised But Unbroken – How a Short Sale Can Help You Avoid Foreclosure In Louisville
- Hidden Costs of Bankruptcy – What To Know If You Are Facing Foreclosure in Louisville
- Foreclosure, Short Sale, Credit and Employment
- Half a Short Sale? Or, HAFA Short Sale?
- Hanging On Too Long When Can’t Afford Payments – Avoid Foreclosure With a Short Sale in Louisville
- Does Any One Know Why The Banks Prefer Foreclosures Over Short Sales?
- Divorce, Foreclosures and Short Sales in Louisville, KY – Mistakes to Avoid
- Foreclosure and Divorce in Louisville – Beware When One Spouse Gets The House and The Other Gets The Mortgage
- In a Short Sale “Is it better that I move out?”
- If I’m Not on the Loan Will a Short Sale Hurt My Credit?
- If I Do a Short Sale Will I Be Able to Rent a House?
- I Need To Sell My House Fast In Louisville To Avoid Foreclosure
- Short Sales in Louisville
- Short Sales in Louisville – Sell Your House and Lose Your Debt
- “I’m in Foreclosure and Can’t Afford a Realtor Commission.” What to do?
- “I Want Out From Under This Mortgage”: Avoid Foreclosure in Louisville
- “I Can Finally Get a Good Night’s Sleep” – What a Pre Foreclosure Short Sale Can Do For You
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