Fast-Track Short-Sales are Now Available for Home-Sellers in Distress

Fast-Track Short-Sales are Available for Home-Sellers in Distress

APPLY BELOW

If any one of the following apply to you, you may be eligible for a Fast-Track Short Sale Approval:

1.    Are you struggling with your monthly mortgage payments for any reason what-so-ever?

2.    Do you need to sell your home, but your mortgage debt is more than your property is worth?

A “short sale” is a transaction that allows individuals who can no longer afford their homes to sell their home in a dignified manner and avoid the embarrassment and indignity of foreclosure.  Even if the total mortgage debt owed on your home exceeds the current value of your home, the short sale allows you to still sell you home, avoid the devastating impact of foreclosure on your credit history, and in California, avoid the  remaining debt or deficiency after the sale of your home, and avoid tax consequences from the forgiven debt (up to $500,000 of forgiven debt on your home loan for California taxes and up to $2 million of forgiven debt on your home for federal taxes)*.

Click Here: Compare Consequences of Foreclosure vs. Short Sale

These 2 Fast-Track Short Sale Programs are Available Now:

Program A. Home Affordable Foreclosure Alternative Program (HAFA) introduced by the federal government and implemented by over 100 lenders.

HAFA provides the following:

i.                    Fast track approval of your shortsale request

ii.                   Suspension of your foreclosure sale

iii.                 Up to $3,000 relocation cost to you, the homeowner

iv.              Complete satisfaction and release of your liability

v.               All sales costs and commissions are paid from proceeds

Program B. Fast Track Short Sales Offered by Specific Mortgage Servicers:

A handful of mortgage servicers provide:

i.                    Fast track approval of your shortsale request

ii.                   Credit report will show “Settled for less than owed” or "Paid as Agreed”

iv.              From $2,500 to $45,000 relocation cost to you, the homeowner

v.               Complete satisfaction and release of your liability

vi.              All sales costs and commissions are paid from proceeds

Bandele Oguntomilade* is a Certified Short Sale Specialist, and a Realtor with a prior professional background practicing real estate law for 12 years at the largest mortgage lending institutions.  Bandele Oguntomilade successfully closes countless shortsale transactions every year and for many satisfied, relieved and grateful home-sellers.  Contact Bandele NOW to help you sell your home.  Bandele can be reached at 818-825-6996 or email Bandele@BogunRealty.com.

* We are not engaged in the practice of law nor do we give legal or tax advice. Please seek advice from appropriate legal and tax professionals.

COMPLETE BELOW FORM TO APPLY FOR A FAST-TRACK SHORT-SALE: