Short Sale
So many home owners are in this situation and you should not feel alone if you are facing the same situation. Notice in this situation how the bank may not accept the lower offer on the house and the bank may still force the home owner to pay taxes on the difference of what is owed and the sale price.
If you are behind on your payments, you have a couple of options. Obviously someone willing to pay at least what you owe and cover the closing costs would be nice, but that is likely not reality, it certainly isn't for these home owners. An additional option that you may want to consider is allowing an investor to take over your payments for a period of time, then split the equity in the sale of the home. This may sound outrageous to some, but there are many benefits to the seller. It "stops the bleeding" of the monthly mortgage payments. It allows an investor to improve the home and make the needed upgrades for the house to be more desirable.
To find out more about how these selling solutions work, sign up for my free e-course. In I will show you how I, as an investor, structure deals to help the home owner. What I look for and what I need to assume the risk of the home. You will be well prepared to talk with an investor and understand what he realistically can do. You will know how to avoid scams and protect yourself.
If you are even thinking of having to sell your house and need to sell your house fast, sign up for the e course. If your house is vacant or the payments are just too much for you to pay, contact me at SDHomeSaver@gmail.com or click on the instant cash offer the helpful links. I look forward to hearing from you.
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