Tuesday, July 7, 2009

Avoid Foreclosure

I don't know why but people that are in Foreclosure also seem to be in denial or they just don't know the facts.

Fact: a Foreclosure will haunt you for years and years. On any job interview, for security clearances, promotions at work, any position of responsibility may be jeapordized, you have to answer yes to question on applications, Have you ever had a foreclosure or given a deed in lieu of foreclosure?

There is a solution and it seems that most people don't know about it or they are scared to ask for details.

It is called a Short Sale. This is where the bank approves you selling the home for less than what you owe in order to reduce their losses.

They will pay the Real Estate Commission and all other expenses so it cost you absolutely nothing.

Also a Short Sale does not show up on your credit, if it does it will show you missed a few payments, there is no question have you ever had a short sale? it will not jeapordize your job or other standing, your banking relationships or ability to borrow money in the future.

This is so important that we get this information out to as many people as possible to help them before it is to late.

The only thing required of you is cooperation with your Realtor.

If you don't call me at least call a Realtor that knows their way around the Short Sale process and they can help you avoid foreclosure now.

Pass the word, Sincerely, David Wertan of RE/MAX Advanced Realty 843-270-6455

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