The Different Types of Hardships in Short Sales -- Attention MD Homeowners
http://www.reallynicehomes.com/blog/different-types-hardships-short-sales/
Types of Hardships That Qualifies For a Short Sale
A short sale is when a homeowner facing foreclosure sells his or her property for less than what is owed to the mortgage lender. The sale has to be approved by the lender.
Short sales have become so popular these days. There are several reasons why they are so prevalent right now. In some instances homeowners with adjustable-rate loans can't make the payments when their interest rates rise; others fall behind because of job loss, others because of a divorce or sickness.
A lot of homeowners have seen their homes values drop and when they want to refinance. .
The surprise hits them square in the face. .
Their home can not be refinanced because the appraisal for the refi is below what you need to refinance the entire loan
Why are banks increasingly willing to embrace short sales as an alternative to foreclosure?
Simple: Because they lose LESS MONEY! CHEAPER!
So, if you are procrastinating, not knowing what to do?
And you are tired living with the uncertainty if you have a place to live tomorrow. .
Take control of your financial life. .and consult with an experienced Short Sales Specialist to take your next step
Fernando Herboso is a Short Sale Specialist in Maryland DC and Virginia
Expert in Bank of America, Wells Fargo and Chase Short Sales.
call: 240-426-5754 for MD, DC & VA
short sales hardships maryland realtor
Fernando Herboso has listed over 160 short sales, trained dozens of agents "how to do short sales "and has authored the following books about short sales
Author of the eBOOK "Is A Short Sale An Option For Me?
Author of the eBOOK " 10 Secrets To Loan Modifications"
Author of the eBOOK " Avoid Foreclosure Hell"
Author of the Ebook " 31 Reasons To DO A SHORT SALE"
Maryland Principal Broker : Fernando Herboso direct # 240-426-5754
Herboso & Associates LLC | 301-246-0001
Maryland | DC | Virginia
Comments