The recent slowdown in the real estate market is causing many home owners to fall behind on their house payments˳ If you can not sell your house fast and you are losing your home to foreclosure, you have one last option˳ Have a professional home buyer complete a short sale˳
A short sale is a process that will allow you to sell your home and be relieved of the debt˳ There are many reasons why I suggest having a professional real estate investor perform the short sale process˳
1˳ Most important reason, this is your last chance to stop foreclosure and a short sale can do that
2˳ You need someone who is an expert in short sales, not just someone who knows the process˳ A successful short sale will be a combination of factors including negotiating with loan loss mitigation personnel and submitting lots of paperwork
3˳ Lenders will not even look at the short sale package until you have a signed, accepted offer for your home˳
4˳ Realtors do not buy houses and therefore waste valuable time listing your property when that time is vital to the short sale process
5˳ Real estate investors purchase houses, you get your accepted offer, lenders accept and process your short sale paperwork
6˳ You need to be aware of the benefits and consequences of completing a short sale
7˳ It is Free to have a professional home buyer perform a short sale, it cost you nothing
In Idaho your mortgage company will typically allow you to fall behind 90 days before they file a delinquent notice in the Idaho Business Review Magazine or the Idaho Statesman newspaper˳ This delinquent notice makes it public record that your home is falling into foreclosure˳
The foreclosure rate has increased significantly in Ada and Canyon County Idaho˳ The majority of foreclosures in Idaho are occurring in Boise, Nampa, Meridian, Eagle, Caldwell and Star˳ Many Boise Idaho residents who are losing their homes to foreclosure are wondering how they can stop foreclosure fast and move on with their lives˳ Well if you need to sell your home fast then contact your local home buyer and see how they can help˳ If you do not have equity in your home a short sale may be your best option˳
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