Changing environment, learning new language and new culture,being a wife and a mother, living far away from families and friends, I have come to share my views, thoughts, feelings, ideas on so many things that I cherish.

October 23, 2012

How To Get Help When Considering A Short Sale

A Short Sale is an option you may want to consider if you are facing foreclosure and can't qualify for any assistance programme. From my experience, a foreclosure is not an option most people would like to settle with. What I like is that short sale will help you avoid foreclosure if you are no longer able to remain in your home and during the process of short sale, you can sell your home and settle your mortgage debt for less than the amount you owe. But I have to advice that you get a professional help when you want to do this. There are lots of mistakes people make during the process of short sale that you can avoid by simply contacting a Real Estate firm who do nothing better than working with you to explore any option that may be available to help you stay in your home. Short Sale Las Vegas is known for offering their customers the much needed assistance they require and making sure that their assets are protected through the help of an attorney. Remember that every qualified short sale specialist must have invested significant energy, time and resource into their short sale education. Do not for any reason be subjected to get an unprofessional assistance which are at times even more expensive. Such assistance from inexperienced companies or individuals have been known and proved to get an unsuccessful short sale. The most thing I find comforting is that choosing to work with a designated short sale specialist will give you peace of mind because you know that you are working with a certified specialist who knows how to meet  your exact needs especially at the time when a professional help is needed.

Before going into this process, you have to check if you are eligible of selling your home in a short sale. These are what makes you eligible:

1. If you are owing more than your house is worth.

2. If you are in a very big financial hardship, like a job loss, medical emergency, divorce or separation, etc.

3. If you have not filed for bankruptcy. This is because negotiating a short sale is considered a collection activity and collection activities are prohibited in bankruptcies. 

4.If you are struggling to make your payment due to financial hardship. 

5. Business failure.

6. Death of a spouse.

If you are a home owner you have to be aware of predatory "Rescue" scams and short sale fraud which promises a lot of things and cost you money with no results and can even result in the loss of your home entirely. If you suspect scams at any time, do not hesitate to report them. 

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