Sacramento Short Sale Information - Avoid Foreclosure - Se Habla Español
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- Short Sale Process
- You can be a homeowner again more quickly with a short sale in your past than with a foreclosure. New Fannie Mae guidelines help you qualify for a new mortgage in as little as two years after a short sale, as opposed to up to seven years after a foreclosure.
- You will have more time to make relocation plans and save money than with a deed in lieu. A short sale may take four to 12 months. A deed in lieu of foreclosure arrangement typically requires you vacate your home within 30 to 60 days of signing.
- You can receive up to $3,000 from your lender for moving expenses at the time of closing of a HAFA short sale. Relocation funds are part of the incentives of HAFA, but not necessarily for other short sale or deed in lieu programs of the lenders.
- You can help your community's home values. Because the lender often receives a higher amount of the remaining loan balance than it would from the sale of a home after a foreclosure, short sales help support home values in the surrounding community.
- Contact us to schedule your free legal consultation!
- Short Sale Resources
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- Foreclosure vs. Short Sale
Free Consultation:Our team of real estate attorneys have years of experience in assisting homeowners make the right decisions. homeowners make the right decision
We are currently offering a FREE LEGAL CONSULTATION to help you decide what option is right for you. Please contact us today to schedule your appointment.
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Avoid Foreclosure: We know how frustrating it can get when all you have worked so hard for is threaten by the current economy and the mortgage bust. You have alternative solutions, Code 3 Realty has helped a lot of distressed homeowners who thought foreclosure was inevitable...you have options.
If you are facing foreclosure act know, we have so many people call us when it is to late and it's very hard for us to tell the homeowner "There is nothing else we can do" foreclosure sale dates can be postponed, but only if you act proactively.
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