Friday, September 2, 2011

Detroit Short Sale ? Detroit Stop Foreclosure Realtors

Home
> News > Detroit Stop Foreclosure Realtors

It?s not a hidden fact that Detroit?s real estate market is suffering worse than many others. This results in a shockingly high foreclosure rate, but that can be changed. A short sale is a way to stop Detroit foreclosure and takes place when a lender allows a borrower to sell their home for less than they owe on the property. The lender understands they will be taking a loss, but this loss is still less in most cases than the amount they will lose if they pursue a foreclosure. Most of the time, lenders choose to release the borrower from the deficiency amount that is owed. In some rare instances lenders may require borrowers to pay back a portion or the entire amount over an extended period of time. We are seeing this happen less and less.

The first step is to hire a Detroit stop foreclosure Realtor. This real estate agent will walk you through the entire short sale process, providing FREE stop foreclosure help along the way. Don?t trust just any agent to properly short sale your property. It takes an experienced short sale specialist to successfully complete the process in the smallest amount of time possible.

On average, the short sale process takes around six months to complete. We have seen some transactions take over a year while others close in two months. The duration depends on many different factors like the number of mortgages on the property, the listing agent?s competency, the home?s attractiveness, and the list goes on. Since each missed mortgage payment can cause a decrease in your credit score, it?s a good idea to begin the short sale process as quickly as possible.

877-737-4903

Ask a local short sale specialist!

Are you looking for a Detroit MI short sale Realtor? Look no further! Our stop?Michigan foreclosure specialists provide FREE short sale expert services to?Detroit homeowners in hardship. Call today to see if you qualify for a short sale! Need a?Detroit Distressed Property Expert in short sales to offer free Chase short sale services? Our Detroit MI area Certified Distressed Property Expert real estate agents are here to help, and are Certified or trained in the?Michigan Home Affordable Foreclosure Alternatives, or HAFA Government short sale program.

Copyright First Coast Realty Associates 2011







How To Short Sale A Home


Source: http://www.detroitshortsale.com/detroit-stop-foreclosure-realtors/

luke bryan second life indianapolis star real madrid vs barcelona live real madrid vs barcelona live food network star tim pawlenty

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.