Short Sales
Our Goal is to Help Homeowners During These Challenging Times
There are literally thousands of families living in Pre-foreclosure properties.
But Homeowners and Sellers do have OPTIONS.
Short Sale: The sale of a property where the purchase price is not high enough to cover the existing mortgage & fees attached to the property. It is “short” on being positioned to pay off the full balance. If you or someone you know might be in this situation, there may be options to help minimize the damage to your credit or avoid foreclosure. We can help that homeowner by negotiating with their lender to do a SHORT SALE.
How a Short Sale works: We schedule an initial meeting to determine if a Short Sale is the right course of action for your unique situation. You can either come by the office, or we can come by your home for the consultation.
If a Short Sale is the way in which you decide to proceed:
- We list and market the property utilizing all of our advertising efforts that we employ for a traditional sale
- We work with you to complete the required forms and disclosure statements necessary in order to help us create the most perfect and complete short sale package to present to your lenders. We will guide you through the paperwork so it will be as STRESS-FREE as possible.
- We submit the most detailed and complete short sale contract offer package possible to ensure that OUR properties receive priority over all of the many short sale packages that the lenders are currently being flooded with. Having a skilled and thorough advocate working on your behalf is the MOST IMPORTANT element involved in getting the lender to review our packages ahead of all of the others.
Does it Cost Anything to Conduct a Short Sale?
A consultation to analyze your specific situation is completely FREE. If it is determined that conducting a short sale is right for you, there is absolutely no cost to you to utilize our services. We are licensed Oregon Real Estate Brokers and members of NAR. Our duty is to serve you and help you out of your situation so that you can move forward with your life. The lender pays our commissions.
How long is the process?
Typically about 3-9 months start to finish. We work diligently to ensure the quickest turn around time possible