Here is a good article that you may find useful if you are experiencing difficulties or anticipate difficulties making mortgage payments
7 Tips for Short Sale Success
Have to sell your home for less than it’s worth? Our seven tips will help you get the best price. Read
When you owe more on your home than it’s worth, but you have to sell, you need to squeeze every dollar possible from the sale. Here are seven tips for navigating the short-sale process. 1. Know who you owe
A short sale has to be approved by any company that has a mortgage or lien against your home. That includes your first, second, or even third mortgage lender, your home equity line lender; your homeowners or condominium association; and any contractors who’ve placed a lien on your home. Make a list and start talking to everyone early in the process. Ask what documents they’ll need from you.
Read more: http://buyandsell.houselogic.com/articles/7-tips-short-sale-success/#ixzz0ygdZjLMm
/Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®
As always, please feel free to contact us for a confidential consultation.
Carol
Carol Moson, REALTOR®
Sales/Instructor/Trainer
RE/MAX Greater Atlanta
ABR (Accredited Buyers Broker)
CRS (Certified Residential Specialist)
SRS (Seller Resource Certified)
GREEN
SFR (Short Sale and Foreclosure Resource)
EAH (Employer Assisted Housing)
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Tags: bank, debt, mortgage, pay, short sales
