Myth #3: A Short Sale will take 8-12 months and can drag out even longer. This is the case when the person you are dealing with doesnâ€™t know what they are doing. Our short sales average 45 to 120 days. We do these every day, day in and day out. In fact, we have done over 27 short sales with banks ranging from Chase to Countrywide to Wachovia. The difference between dealing with someone who knows what theyâ€™re doing is this. Itâ€™s like the difference between hiring a top dog lawyer for a lawsuit versus hiring your friend who isnâ€™t a lawyer.
When we work with you we will handle everything and do all the work. All you have to do is provide us with basic documents and thatâ€™s it. We will call the bank, handle the negotiations, and keep you updated as to whatâ€™s going on.Â Â
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Myth #4: Banks and lenders rarely accept short sales. We are able to get short sales accepted most of the time. Hereâ€™s why your bank may have already told you they will only take X amount.Â But, letâ€™s say someone owed you a lot of money and they wanted to pay you only half of what they owe. What would you say? Youâ€™d probably tell them to pay you the full amount, right? But, if the person came to you with cash and told you they just simply could not afford to pay you any more, what would you do? Youâ€™d probably accept whatever you could get, right? Well, itâ€™s the same way with a bank.
The banks often tell you they wonâ€™t take a short sale. The reason is because they want you to pay them the full amount. Or, they want to get you to agree to pay them monthly for the rest of your life.Â Â Â
Loan modification and short sale services to avoid foreclosure, lower mortgage payments, reduce principle balances, re-structure mortgages, avoid bankruptcy .
Â Â Contact Us Today! The Consultation is Free:
Keller Williams RealtyÂ
24/7 Direct: 770-866-2561
Fax: (678)Â 262.2363