May I Be Your Short Sale Buyer?

My brother bought a house in Florida three years ago.  Now the house is worth less than the loan and because he does not live in the house, he is also charged a heavy property tax on it.

Renting it out is often problematic.  He has no need for the house anymore, so he is paying a mortgage and heavey property tax on a house that he is not living in. 

Is foreclosure is only option if the mortgage will not agree to a short sale?  And even if the mortgage agrees to a short sale, what is he does not sell? 

Is foreclosure the only option for him at this time.  He has been trying very hard to keep up the mortgage for quite a while now, but it is becoming difficult.

May

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Hi May,

You’ve just described the predicament that a few million people throughout the USA are presently experiencing.  No worries.  You have your buyer.  I’ll buy the property as a short sale.

Call me at 702-430-9390 or email me at Paul at BrokenCredit.com

The two problems that face every homeowner on a short sale are (1) the process takes too long and buyers don’t want to wait, and (2) the lender wants the homeowner to sign for the deficiency.  We solve both of those problems by knowing the move that the lender will make before they make it.

My team consists of experienced short sale negotiators and is headed up by a gentleman named Richard Roberts who has been closing short sales successfully for the past five years with an 80% success rate.  And of course you get yours truly working with you.

There is one caveat to anyone who contacts me to purchase their property as a short sale; you must either: (1) clearly not be a candidate for a loan modification or other workout, and/or (2) have already tried to no avail to obtain a loan modification.  We dance with the lender all of the way to closing (as a matter of fact Richard and his wife are professional dancers and know many of the people on DWTS) and pursue these short sales peaceably or with aggression as the circumstances merit; but we do not force short sales on lenders for borrowers who could qualify for simple loan modifications.  That’s not the right way to live and the short sale is not a get out of jail free card for those who qualify for loan mods.

For those who do not qualify for loan modifications, there has never been a better time to relieve yourself of that hundred-thousand-plus-pound burden.  Call me so that together we can solve this problem and you can finally relax and live again.

I look forward to serving more and more of you on and off this site. 

Thanks for the questions and hope this helps.

Paul