Stumble It!
You May Qualify for a Short Sale
A short sale is not for everyone. One of the first things you need to know is, the homeowner does not get any money when selling by short sale.
Then why would anyone want to sell by short sale? It is a better option than foreclosure. It you have a reason, or hardship, you are behind on payments, or soon will be, you may qualify for a short sale. Have you tried to sell your house for the amount owed, and selling expenses, but are unable? Do you owe more to one or more mortgage companies, than the amount the house is now valued?
All of these are factors that can qualify you for a short sale. Unfortunately in this market, most houses that are listed qualify for a short sale. Even if the reason you are selling is because you have been transferred, or required to move to get work, you may qualify for a short sale. About 80% of real estate agents do not know how to do a short sale. This cheats the homeowner who is facing foreclosure, because they are usually not told their options, and the home ends up being auctioned, (foreclosed on).
A foreclosure stays on your credit record for years. A short sale is considered "paid as agreed", with a few late payments on the credit report. Recently the FHA has set standards that a person with a foreclosure is unable to purchase a house for five years after. Along with that, they have additional rules about the type of property. In contrast, if a person has a short sale done for them, the time period is only two years before a house can be purchased. Also, without any restrictions.
I have formed a company, KC Real Estate Solutions LLC just to service those homeowners who find that a short sale is the best option for them. Whether the home is listed, or not listed, I can help. If you choose to use the same agent that is already listing your home, I will work with them. If you choose to use another agent, I have working relationships with some agents who are very experienced in short sales.
Don't fail to check out all options available to you in this stressful time. Even if your property is already listed to be sold at auction, often the bank will postpone the auction date. One more thing that most people do not know, is that you do not even have to be in the same state as the short sale negotiator to use the service. There is no charge to you the homeowner for this service. Also, you don't have to worry about getting the house in tip top shape, or cleaning for showings. Do you want to try this option? Go to: KC Real Estate Solutions.com to get more information and contact me through the contact form.
Then why would anyone want to sell by short sale? It is a better option than foreclosure. It you have a reason, or hardship, you are behind on payments, or soon will be, you may qualify for a short sale. Have you tried to sell your house for the amount owed, and selling expenses, but are unable? Do you owe more to one or more mortgage companies, than the amount the house is now valued?
All of these are factors that can qualify you for a short sale. Unfortunately in this market, most houses that are listed qualify for a short sale. Even if the reason you are selling is because you have been transferred, or required to move to get work, you may qualify for a short sale. About 80% of real estate agents do not know how to do a short sale. This cheats the homeowner who is facing foreclosure, because they are usually not told their options, and the home ends up being auctioned, (foreclosed on).
A foreclosure stays on your credit record for years. A short sale is considered "paid as agreed", with a few late payments on the credit report. Recently the FHA has set standards that a person with a foreclosure is unable to purchase a house for five years after. Along with that, they have additional rules about the type of property. In contrast, if a person has a short sale done for them, the time period is only two years before a house can be purchased. Also, without any restrictions.
I have formed a company, KC Real Estate Solutions LLC just to service those homeowners who find that a short sale is the best option for them. Whether the home is listed, or not listed, I can help. If you choose to use the same agent that is already listing your home, I will work with them. If you choose to use another agent, I have working relationships with some agents who are very experienced in short sales.
Don't fail to check out all options available to you in this stressful time. Even if your property is already listed to be sold at auction, often the bank will postpone the auction date. One more thing that most people do not know, is that you do not even have to be in the same state as the short sale negotiator to use the service. There is no charge to you the homeowner for this service. Also, you don't have to worry about getting the house in tip top shape, or cleaning for showings. Do you want to try this option? Go to: KC Real Estate Solutions.com to get more information and contact me through the contact form.
Posted by Kathleen Couch at 4/12/2009 9:35 PM 
Categories: Short Sale
Tags: real estate short sale agents foreclosure
Categories: Short Sale
Tags: real estate short sale agents foreclosure
Hey there,just wanted to say your site is looking good!Thanks for sharing the Great news with us ....Can you fill me in more?
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I am not sure about the system in the UK, but,give me a call if you want specific information.
Recent blog post: New Wave of Foreclosures Coming!
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Very insightful read and i shall take evrything into account.Thanks again.
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Thanks for the tips.
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you got me convinced with having a short sale rather than a foreclosure. I have a couple of friends that i know who can refer to you. Thanks, you really have a point here.
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Great post,thanks again.
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I think a short sale is the best way forwards i mean there is no pain in sitting round for months at a time,its over and done with before you no it and then you can move on with peace of mind i guess.
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Great idea but im not entirely sure its for everybody.
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No, it's not, but if you have a choice between foreclosure, and a short sale, the clear choice is a short sale. See: http://www.KCRealEstateSolutions.com
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Thanks for sharing this info with me.
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Great post,thanks again
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Real estate is a legal term (in some jurisdictions, notably in the USA, United Kingdom, Canada, and Australia) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is fixed in location. Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property (also sometimes called realty), in contrast with personal property (also sometimes called chattel or personalty under chattel law or personal property law).
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Hey I just got through with the pages, I should say Pretty nice work done there.
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yeah..i must say that was a very well written blog, great job!!
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Good post.Financial Reporting responsibilities include preparation of quarterly and annual financial statements,Oversight of the financial reporting annual closing cycle,Liaison between internal staff and the contracted audit firm for the interim and year end financial statement audit,Preparation of quarterly/annual managerial reports..
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Easy option to get useful information as well as share good stuff with good ideas and concepts
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This blog is superb, very well presented.
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Fantastic post I thought it was extremely well executed and it helped me out a lot thanks again. quick house sale
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Real estate is a legal term (in some jurisdictions, such as the USA, United Kingdom, Canada, Australia and The Bahamas) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is fixed in location. Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property (sometimes called realty), in contrast with personal property (sometimes called chattel or personalty under chattel law or personal property law).
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Thanks for the advice - very timely.
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Yes short sales don't do much for the house owner, but these are desperate times too.
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Excellently written article, if only all bloggers offered the same content as you, the internet would be a much better place. Please keep it up!
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This has been writen very well, thanks so much for the great read.
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This has helped me no end, thanks
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This has helped me no end, thanks
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Useful article.May be you have your own experience and could give some useful tips.
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Well, this is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on. You have done a marvellous job!
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I think this short sale is a good option for those who are stuck with the property. Once I was stuck with the apartment I put that apartment for rent Dubai
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A****** Blogger, thanks so much for this info.
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Brilliant read, you've conveyed this point very well.
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Successful property investors will do a lot of research on areas that they believe will become property hotspots and areas which are less likely to perform.
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