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Expert Short Sale Realtors
Melbourne, Malabar, Palm Bay, Indialantic, Cocoa Beach Florida
Bank of America, Wells Fargo, Chase, Citi, GMAC, LBPS, Capitol One, Ocwen, SCCU, more...
Our team will negotiate with your lender to Short Sale your home and STOP FORECLOSURE. There is no cost to you as the seller to short sell. We are paid by the lender upon completion of the short sale and they are glad to pay because reports indicate it cost banks an average of $35,000 to foreclose a home. Our team members complete and average of
30 short sales per month!
Requirements:
1. All Home owners must fully cooperate during the short sale process. You must allow showings of your home to buyers and provide paperwork requested by me or your lender in a timely fashion. [short sale now]
2. Do not move out of your short sale property as long as it's safe to live there. If you feel you must move out please contact me for more information before making any plans. If your short sale home is vacant now or is a second home please contact me ASAP, you can still short sale. Many owners have lived in their property without making
payments for 16 months or more however we can and have completed short sale in as few as 60 days when desired. [short sale now]
3. Do not damage the property or let the property come into disrepair. Damage from water leaks, over grown lawns, removal of appliances, etc... all hinder the sort sale process. If you have damage you cannot repair please notify me immediately so I can negotiate with the lender. [short sale now]
What's in it for you?
- No Tax - The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. This provision applies to debt forgiven in calendar years 2007 through 2012.
- November 2009 - US Treasury Requires that borrowers be fully released from future liability for the debt.
- Stop a foreclosure lawsuit against you, save excess damage to your credit report that can last up to 10 years if you are foreclosed.
- It's a bad situation if you can't make your payment but lets make it into something good. You could remain in your home without making payments while we are working the short sale for many months. I've seen over 16 months in many cases, a average would be 5-9 months. The time frame you desire will dictate the marketing strategy we use, we have
completed short sales in less than 3
months. [short sale now]
New FTC Rule Requires Short Sale Disclosures
The Federal Trade Commission ("FTC") is requiring certain disclosures to consumers if they negotiate a short sale with a lender.
Mortgage Assistance Relief Services (MARS) Required Government Disclosure
You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender [or servicer]. If you reject the offer, there is NO COST to you. If you accept the offer, your lender will pay the commission for our services. Explicit Real Estate is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your
lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating. |
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