DeLand real estate agent » short sale http://www.delandrealestateagent.com Tue, 07 Feb 2012 00:56:24 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Are short sales a solution for DeLand homeowners? http://www.delandrealestateagent.com/are-short-sales-a-solution-for-deland-homeowners/ http://www.delandrealestateagent.com/are-short-sales-a-solution-for-deland-homeowners/#comments Thu, 03 Dec 2009 16:13:14 +0000 admin http://www.delandrealestateagent.com/?p=270 Short sales are being used throughout the country by home owners who are faced with a distressed situation where they are unable to afford their home and because they owe more on their mortgage than the home is worth they are unable to sell the home for enough to pay off the mortgage along with the additional costs involved with selling a home.

 

What should a DeLand homeowner consider before short selling their home?

 

  • If you would stay in the home if the payments were affordable, contact your lender about a loan modification.
  • According to FICO, short selling your home impacts your credit score similar to a foreclosure however a foreclosure increases the time you will have to wait before obtaining a mortgage on another home.

 

If you are facing a tough situation and would like to talk about the short sale process give me a call. I can refer a top short sale real estate professional to you that will explain the process so that you are able to make an informed decision.

]]> http://www.delandrealestateagent.com/are-short-sales-a-solution-for-deland-homeowners/feed/ 0 Short sale may be the best option for DeLand homeowners with no equity http://www.delandrealestateagent.com/short-sale-may-be-the-best-option-for-deland-homeowners-with-no-equity/ http://www.delandrealestateagent.com/short-sale-may-be-the-best-option-for-deland-homeowners-with-no-equity/#comments Mon, 27 Jul 2009 02:24:36 +0000 admin http://www.delandrealestateagent.com/?p=226 DeLand homeowners who need to sell their home and are upside down on their mortgage may want to consider a short sale.  If you are facing a tough situation and would like to learn more about the short sale process contact me.  Watson Realty agents have the experience and know how to help homeowners successfully close a short sale transaction.  

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