CDPE Short Sale Myth #7
A short sale can be an excellent solution for a homeowner who owes more on their home than what it is worth and has to sell. Unfortunately a number of myths about short sales have developed and it is important you understand the reality of this process if this is a solution that you feel meets your current needs.
7. There is not Enough Time to Negotiate a Short Sale Before My Foreclosure
This is a myth that probably hurts homeowners the most. Many don’t realize that foreclosure is a process and there is time.
The foreclosing party (in most cases a lender) can stall a foreclosure up to the final day of the process. These days many lenders will stall a foreclosure with as little as a phone call from you letting them know that you are trying to sell. Almost all lenders will stall a foreclosure with a legitimate contract, in our view there is time until the foreclosure process is complete.
Sit down with your CDPE agents, Clay & Kathie today to see what options you have and get on the path to recovery. There are options and we can help!
Call Clay & Kathie at (703) 385-HOME (4663) – Day or Night.
Call today.
Categories: Virginia Short Sales, Foreclosures, Certified Distressed Property Experts in Virginia, Housing and the Economy, Virginia Pre-Foreclosure
Tags: CDPE Virginia Avoid Foreclosure CDPE Short Sale Scams Pre-Foreclosure Short Sales
Comments