Posted over 13 years ago

Short sale benefits-by Pasadena short sale agents Munson Realty

Short sale benefits

by Pasadena short sale agents Munson Realty

Short sale benefits- Are there short sale benefits? Sure there are, in fact one of the largest benefits is avoiding foreclosure. Short sale benefits such as avoiding foreclosure are a motivating factor for many homeowners who are upside down on their loans. Their main concern (and rightly so) is escaping the huge hit to their credit score that a foreclosure would entail. Short sales typically take a smaller “hit” to the FICO score verses foreclosure.

Other short sale benefits:

HAFA offers $3k in relocation expenses. The government backed HAFA short sale program offers short t sellers $3,000 in relocation expenses as one of their short sale benefits.
Peace of mind. No more phone calls and hugely reduced stress levels are huge short sale benefits.
A fresh start. Wiping the slate clean opens the door to better life opportunities.
Faster credit recovery. This means you can buy again sooner in a market that is more realistic, again another one of the nice short sale benefits.

Pasadena short sales require a little extra attention not necessarily because of the lender involved that must forgive the balance but because of city reports and inspections that must be done before the transfer of the property to the next buyer. Other than that, Pasadena short sales are pretty similar to any other short sale in Los Angeles.

Regarding the marketing of Pasadena short sales, sellers are well advised to utilize the expertise of Pasadena short sale agents who know how to gear the marketing towards the Pasadena buyer. You do not need to slather "short sale" all over the marketing material or "For Sale" sign. Munson Realty's Pasadena short sale agents specialize in a "discreet and confidential short sale

" which appears as a "traditional" home sale to anyone driving by or looking at the marketing materials.

Having to short sale your home does not make you any less of a person. In fact you must ask yourself: How wise is it to stay on board a sinking ship? Most of the time, a short sale is simply a smart business choice that benefits everyone. A short sale benefits the bank because they don’t go through the cost of a foreclosure. A short sale benefits the new buyer because they’ve found a new home at a reasonable price. Most importantly, a short sale benefits you because you’ve avoided foreclosure, taken a lesser hit to your credit and will have peace of mind knowing you made a smart business decision.

Short sale benefits-by Pasadena short sale agents Munson Realty

Short sale benefits

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