There is a lot of talk about short sales and many Realtors ®
are claiming they are specialist in this field. We are not one of those
firms that claims to know it all. It is much more difficult than it
sounds and many lending institutions are reluctant to even talk to
someone. Austin Property Team has partnered with a loss mitigation firm
called Superior Loss Mitigation. They have been doing short sales for 8
years and have helped 300+ households either prevent the mark of foreclosure or
at times even save their homes.
There is plenty of documentation online describing the process for a short sale
but without experience and knowledge of how to negotiate with these lending
institutions it can be a very frustrating process.
A “short sale” means the lender is accepting less than the
total amount due on the note. Not all lenders will accept short sales or
discounted payoffs, especially if it would make more financial sense to
foreclose; however, you must remember that banks don’t want homes or the
headache of preparing a home for resale. They are in the market to lend money. Unfortunately, not all sellers nor all properties qualify for short
sales. However, it is very important to
have a specialist analyze your property and “qualify” it before even
considering the acceptance of foreclosure or even worse bankruptcy.
Check out this website www.nafpp.org and look for certified individuals in Central Texas. The owner of the company we partner with, Superior Loss Mitigation is Aaron Ayotte. This is the better business bureau of foreclosures.
We truly believe our methods are about the most effective in
the industry and would be happy to provide referrals upon request. Email us at info@austinpropertyteam.com to
learn more about this process.
If you still would rather gather information prior to speaking with us please call our
24 hour hotline with an automated recording to learn more. (888) 247-5506 x90001
