So, if you like, I can provide you with a free no obligation comparable market analysis for your property to see what it may go for in this market and what your competition would be. I also have a couple of charts that may be of some help to you. One is called "Options for Homeowners to Avoid Forclosure" and the other is "Short Sale vs Foreclosure" which tells you how a short sale will affect your credit. I also know of a few certified housing counselors that will sit with you and discuss your options and spell everything out for you. They are nonprofit organizations in the metro ATL area. Once again , good luck with your decision.
Step 1: List house for what you owe for 90 days
Step 2: Call bank and inform them house was listed for 60 days and you are going to try 30 more days
Step 3: Call bank again and inform them that you cannot sell the home
Step 4: Ask bank if you can do a "deed in lieu of foreclosure"
Step 5: Give the title back to the bank and it is not recorded as a foreclosure. It will still affect your score but not your ability to buy.
Step 1: contact the county's section 8 housing department to find a renter
Step 2: Take the class
Step 3: Pass the inspection
Step 4: interview renters
Step 5: Tell the current renters they have 30 days to move out or buy the house from you at full price
Step 1: Sell the house for what you can and pay the difference at closing.
Step 2: Freak out because you don't have the difference
Step 3: Buy an 2 investment homes for $40,000 each and sell them for $60,000 each and use the $40,000 to pay the difference.
Eli Givoni, Director
Short Sale Department, LLC
Serving all 50 states
MARS Disclosure for General Commercial Communications
Short Sale Department, LLC 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.
Good luck to you sir.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Junper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
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