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TO CONTRACT WITH LMAC | Short Sale NegotiationsOver the past 8 years lenders have funded hundreds of billions in bad loans. As the rate increases on these loans, foreclosures will continue to soar. Couple this with the decline in property values nationwide, many homeowners now find themselves in "upside down" loans. This means that the property is worth less than the amount owed. For those who can not qualify for a modification, selling the home is an option but it is nearly impossible to traditionally sell a home when facing this situation. There is an alternative method for selling this type of property, its called a Short Sale. We can negotiate this with the lender on your client's behalf so that they will accept less than the current home value as full payment. This will help save your client's credit from further damage. 1. We work with the investor to complete a very detailed list on the property and area. |