Are you under water with your mortage?
Its not too late...contact us today for a
free consultation.
602-697-0777
"START SMART" and start making more informed decisions about your options. You dont have to settle for what the banks are telling you. Beat them at their own game and choose a "SMART START"
With our lenders new loan product you may be able to purchase a new home the same day you foreclose or short sale your current home without waiting the normal 3 year time frame that FHA or VA has...regardless of the payment history of that home.
- Not A credit driven program
- 5/1 Fully Amortized Loan
- No pre-payment penalty
- Gift Funds ok
- Call today this program is "Smart"
1650 N Dysart Rd # 5
Goodyear, AZ 85395
602-697-0777
propertybykelly@gmail.com
At this point there is so much information out there that it is hard to know where to begin? If you are having trouble making your payments the last thinig that you want is to have to face all of the misinformation that is being put out there. You may have heard that foreclosure is your only option. NOT TRUE!
Some lenders are willing to entertain a Short sale.
What exactly is a short sale?
A short sale is a negotiation between a homeowner and their mortgage lender resulting in the lender accepting less than they are owed for an outstanding loan.
What does it mean when a homeowner is "short" on the closing?
When a borrower owes an amount on the property that when combined with closing costs and commissions, is higher than the current market value.
What is the difference between a short sale vs. foreclosure?
A short sale occcurs when:
A negotiation is entered with the homeowner's mortgage company or companies to accept less that the full balance of the loan at closing. A buyer closes on the property and the property is sold "short".
A foreclosure occurs when:
There is a legal proceeding by the lien holder in which they take back the property in order to recover the amount that is owed by the homeowner.
