The option of a short sale can be your solution if: your home is not selling in this market; the lender and you are too far apart; you need to move; or you need to resolve a divorce, family trust.
Instead of trying to modify the loan, you can agree to a short sale if your issues resemble the ones above. Lenders must agree to a “Short Sale” if your home is worth less than the outstanding loan. Short Sales can make a lot of sense.
GA LAW GROUP will assist you in negotiating a Short Sale, preventing lenders from shortchanging homeowners.
While Short Sales have an effect on the home owner’s credit, foreclosures often are worse for credit scores.
GA LAW GROUP works in coordination with various real estate agents to assist in making your transaction go smoothly.
Call us! As always the consultation is free.
