This site was created with you in mind, so we hope you can find the information, help and guidance you are seeking, whether it be for buying, selling, investing or just general information.
We are an Innovative Real Estate Team and believe we take a different approach; one that is built on personal touches, professionalism and positive results.
We use the latest technologies, market research and business strategies to exceed your highest expectations. However, more importantly, we listen and that means we find solutions that are tailored for you.
FORECLOSURES, SHORT SALES AND REOs
Let's take a moment to revew this difficult market, within this very depressing economy. More than likely, someone you know is facing mortgage difficulties or foreclosure due to these challenging times. They are not alone! There are now millions of homes facing foreclosure and we can honestly say that we understand what they’re going through!
Finding oneself in difficult financial circumstances does NOT automatically deny the privilege of choosing how to manage credit or the options available – There ARE options!
It could be advantageous to consider a short sale or a short sale with a Foreclosure Alternative Program! There is an astounding 460 Billion Dollars of Foreclosure Inventory and the banks do NOT want to add more homes to this list!
A short sale is when the lender allows the sale of a home for a lesser amount than the total balance due on the mortgage.
In a short sale, the lender agrees to discount a loan balance due to economic or financial hardships on the part of the mortgagor.
The negotiation is done through communication with the bank's loss mitigation department and the Realtor.
Upon a successful short sale, the property is sold for less than the outstanding balance and all proceeds are turned over to the lender, usually but not always, fully satisfying the debt. This allows the lender to avoid costly foreclosure proceedings in the execution of a foreclosure and is also a great time saver for them.
For the homeowner the main advantage is the avoidance of a "foreclosure" mark on their credit history and access to programs such as described in the next paragraph.
This program allows homeowners to stay in their home until there is a buyer and the bank may even pay the homeowner up to a $3,000.00 relocation fee at closing.
We are Licensed, Certified and Experienced in the Distressed Property Market and have a professional marketing team. We give quality representation, are highly skilled negotiators and we have a wide-range of knowledge in many areas of this selling process including:
- Short Sales
- Foreclosure Alternatives Programs
If you or anyone you knw would like to explore the possibility of a short sale for their property, avoid foreclosure, and potentially save their credit rating, contact Team Jeffery and we will be more than happy to discuss all options and answer your questions regarding this process.
Call for a free, confidential consultation. You have NOTHING TO LOSE!
IMPORTANT: Note that within a Short Sale, sellers will be exempt from many costs such as Attorney and Realtor fees.