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Experienced Short Sale Services.
Financial challenges aren't fun, however they offer a
number of options that you should know about, and
which can help you move passed them.
We will explain and guide you through the process
of a Short Sale so you remain in as much control as
possible.
Please call or contact us to discuss your options.
Financial challenges aren't fun, however they offer a
number of options that you should know about, and
which can help you move passed them.
We will explain and guide you through the process
of a Short Sale so you remain in as much control as
possible.
Please call or contact us to discuss your options.
© 2005-2013 Four Daughters Real Estate, Inc., All Rights Reserved.
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Short Sale, Loan Modification, Rent & More
Why a Seller Sells Short?
Due to the reduction of home values, the amount you owe for your home may be greater than
what it is worth on the market. If you place your home on the market based on your loan
amount, your home may be highly overpriced therefore receiving no buyer attention. In order to
remain competitive your home would be listed and priced according to the home values in your
local area (lower than what you owe to the bank, subject to Lender Approval).
Once an offer is received for your home, and acceptable to you, the seller, it will be presented
to the bank for their acceptance. The bank may consider the offer subject to a number of
factors further broken down in a private consultation.
Remember, every situation is unique and should first be researched & discussed.
Additional Options:
Loan Modification: Bank allows for a decrease in your interest rate to lower you monthly
payments, helping you remain current on mortgage. (Contact your bank for more information)
Rent your home: Rent the home to someone that can afford it, while you look for a more
affordable housing solution. (If condo, you may need to check with the association to ensure
they allow rentals.)
Please Contact Us to discuss your unique circumstances and figure out the best solution.
Why a Seller Sells Short?
Due to the reduction of home values, the amount you owe for your home may be greater than
what it is worth on the market. If you place your home on the market based on your loan
amount, your home may be highly overpriced therefore receiving no buyer attention. In order to
remain competitive your home would be listed and priced according to the home values in your
local area (lower than what you owe to the bank, subject to Lender Approval).
Once an offer is received for your home, and acceptable to you, the seller, it will be presented
to the bank for their acceptance. The bank may consider the offer subject to a number of
factors further broken down in a private consultation.
Remember, every situation is unique and should first be researched & discussed.
Additional Options:
Loan Modification: Bank allows for a decrease in your interest rate to lower you monthly
payments, helping you remain current on mortgage. (Contact your bank for more information)
Rent your home: Rent the home to someone that can afford it, while you look for a more
affordable housing solution. (If condo, you may need to check with the association to ensure
they allow rentals.)
Please Contact Us to discuss your unique circumstances and figure out the best solution.
Foreclosure Prevention:
If you enjoyed working with us, please share it
with your loved ones.
with your loved ones.
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Property Seller Services:
| Call: (847)886-HOME {4663} 201 E. Dundee Road, Palatine, Illinois 60067 Illinois Licensed Real Estate Brokerage Serving Chicagoland since 2001 |
