- Homeowners who have defaulted on mortgage payments or are at risk of default should consider a short sale to avoid foreclosure.
- A short sale allows the property to be sold for less than the outstanding mortgage balance if the lender approves, enabling the homeowner to avoid bankruptcy and further liability.
- Dependable Homebuyers is a real estate company that specializes in assisting homeowners through the short sale process and can help negotiate with lenders to get the best possible outcome.
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Real Estate Consultants Advise When To Start A Short Sale In Washington DC
1. Press Release Performance Report
Real Estate Consultants Advise When To Start A Short Sale
In Washington DC
Prepared for Dependable Homebuyers Washington DC
2. Washington DC - Homeowners currently exploring refinance
or loan modification can consider a short sale in Washington
D.C. Many homeowners attempt to sell their properties and end
up with painstaking delays with no respite in sight. Those who
have exhausted all options and especially the homeowners
who have defaulted on mortgage payments must immediately
consider a short sale.
A short sale is a process of selling a property at a value less
than what is owed presently to the lender in the form of
mortgage payments including the interest. As the term implies,
such a real estate transaction takes less time than other
options. There is a buyer who makes an offer and if it is
accepted by the lender then a homeowner can consider the
proposition. The objective of the seller or a homeowner is to
avoid bankruptcy and foreclosure. The lender agrees to settle
and although it does not recoup all the money owed, still it is
forthcoming to close the loan without any further liabilities for
the homeowner. A short sale is beneficial for homeowners who
have defaulted on mortgage payments for years or even
months. Those who are about to fail their scheduled
repayments should also consider a short sale.
Homeowners who have defaulted on mortgage payments for
years are already in a precarious position. There may already
be a foreclosure notice. There may be a notice of trustee sale in
some cases. It is often perceived that a notice of trustee sale or
a foreclosure can prevent a homeowner from choosing a short
sale. This is not the case. It is true that a short sale becomes
difficult. It is also true that the time available is limited. A lender
may also be more stringent with the negotiation at such a later
stage. However, there are ways to facilitate a short sale even
after a notice of trustee sale has been issued. It is always better
to consider a short sale before a situation nears foreclosure or a
notice of trustee.
A short sale involves the homeowner, a homebuyer and the
lender. It is not easy for homeowners to find relevant buyers
because not everyone will be able to negotiate a deal with the
lender. This is a reason why homeowners are recommended to
consult experts in the matter. Dependable Homebuyers has real
estate consultants specializing in short sales. The company has
been helping homeowners across Washington D.C. to sell their
Real Estate Consultants Advise When To Start A
Short Sale In Washington DC
Distributed on 01/30/2019
About Dependable Homebuyers
Washington DC:
Dependable Homebuyers is a local home buying company
in Washington, DC. We buy houses in any condition and
any situation. If you want to sell your house fast, give us a
call at (202) 503-2783 and we’ll provide you a cash
offer within 24 hours.
Contact Dependable Homebuyers
Washington DC:
Evan Roberts
1664 Columbia Rd NW #41, Washington, DC 20009
(202) 503-2783
evan@dependablehomebuyers.com
https://washingtondc.dependablehomebuyers.com/
3. houses before the mortgages become beyond unmanageable.
The real estate consultants of Dependable Homebuyers can
provide homeowners the best possible option in distinct
circumstances. It is also possible for homeowners to get the
maximum value for their properties, so they can get as close to
the available equity as is realistically probable.
Dependable Homebuyers can provide pragmatic solutions for a
property that is under water and can also expedite the process.
Their consultants have worked with lenders before so they
know the art of negotiation. The company offers a free and
nonobligatory consultant. Homeowners can call Dependable
Homebuyers at (202) 503-2783 to prepare for a short sale.
###
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