Shasta County, CA – Short Sale Help for Sellers in Distress – Know Your Options–If you are facing foreclosure and don’t know what to do, you need to learn about your options. You will need to educate yourself about Foreclosure Law and how to best protect yourself. Talk with you bank and inquire about what options are available to you.
If you are behind in payments on your mortgage and you cannot refinance because your home is worth less than the amount of money you owe the lender, you may be able to do a “workout” with the lender. This means that the lender may be receptive to looking at your financial situation and if you qualify, they may do one of several workout options. If your lender is participating the HAMP (Home Affordable Modification Program) you may qualify for a loan modification if you have the financial model to support the modification. You lender will send you a work packet and ask for income verification. If you do not qualify for HAMP then you may qualify for HAFA. If the lender is not willing to consider a loan modification and advises that you do a short sale, then we can help. If you would like to learn more about your options, please look at the information on this site to learn more about your options.
I have built this website to help my clients learn about their options. If you cannot qualify for the “workout” options with your lender, you may want to consider a “Short Sale”. I am an experienced short sale specialist and can help you every step of the way. Here are few things you need to know: A Short Sale is when we get your home sold and present the lender with a strong and solid offer from a qualified buyer for less than you owe on the mortgage. The Lender must approve this short sale or the short payoff. It is in the lender’s interest to move forward and accept this offer, rather than foreclose on your home. It will costs the lender much more to foreclose and then sell you home in today’s market.
In order to do a Short Sale, we work it out so that YOU DON”T PAY THE COMMISSION OR CLOSING COSTS. YOU DO NOT HAVE TO HAVE GOOD CREDIT FOR US TO DO A SHORT SALE. By accepting this Short Sale, the lender is better off and in most cases you are better off from a credit basis. While the points that affect your credit score may be similar, a foreclosure will remain on your credit report for seven years. This may prevent you from establishing “good credit” again even when you begin to financially recover. You also are in most cases able to avoid deficiency judgments in the state of California.
Call today and I can advise you on how to contact your lender about HAMP and see if you can qualify for a loan modification. I am here to help. Time is very critical and important in this situation. If you have not missed any payments and you simply want to learn more about your options, then I can help you through my websites and links to information on foreclosure alternatives.
Choosing the right options will allow you to minimize the damage to your financial situation. You will want to seek legal and financial advice. These are critical decisions and you need to understand and consider what your options are. Use my website to learn more and call us so that I can help you. I feel it is important to be helping people in this market and in this mortgage crisis.
We have to try everything to save your home. Educate yourself by researching on the internet. Go to www.Google.com and search on alternatives to foreclosure. Visit the (NAR) National Association of Realtor’s website. Learn about HAMP and HAFA. Time is very crucial to you.
Shasta County, CA – Short Sale Agents – Getting the Help You Need–I have chosen to specialize in helping sellers facing hardship. I am a highly trained real estate professional with a proven track record in successfully completing short sales. I have taken extensive training and continue to do so in order to help Sellers facing hardship. We have new Government Programs that are encouraging. Call today to learn more about your options.
I am Jeanean Gendron your Redding and Shasta County Specialist. You can reach me at 530 276-7417.
I am HAFA Certified!
Visit my main real estate website that provides you with the ability to Search the MLS and to set up an account so that you can save searches and select favorite properties. I also have many saved searches for you to take advantage of. There are saved City Searches and Community Searches. We also save Foreclosure Listings and Short Sale Listings.
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