COMPARISON OF SHORT SALE NEGOTIATORS
Short sales are challenging. Lenders do not always agree to accept less than the seller owes. Unless the transaction and negotiations are handled by skilled and experienced professionals, lenders may choose to take the property through foreclosure rather than approve a short sale. For that reason, it is critical that you select a short sale negotiator who can protect your legal interests throughout the short sale process. Not all short sale negotiators are alike.
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QUESTIONS HOMEOWNERS SHOULD ASK BEFORE HIRING A SHORT SALE NEGOTIATOR
Will you be able to protect my legal rights and interests?
Are you an actively licensed Real Estate Attorney or Law Firm (licensed in WA)?
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SHORT SALE vs. FORECLOSURE AND BANKRUPTCY
It’s more important than ever to ensure that your credit score remains strong. Foreclosure and bankruptcy are two of the worst events to happen because they lower credit scores by so many points. The negative credit rating stays with the borrower for 7 or more years. This affects the borrower’s ability to rent a place to live, get credit, buy a house, obtain security clearance and even qualify for a job in some cases. It is well worth your time and energy to explore alternatives and to prevent foreclosure and bankruptcy from scarring your credit report.
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QUESTIONS TO ASK BEFORE HIRING ANYONE TO MODIFY YOUR MORTGAGE LOAN
Not all loan modification companies are the same. If you decide to seek the help of anyone claiming to have experience with mortgage loan modifications, then you need some good information BEFORE you make any decisions.
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COMPARISON OF LOAN MODIFICATION OPTIONS
Before hiring anyone to help with the modification of your home loan, it is very important that you understand all of the available options. Not all modification companies are the same. In fact, there are some significant differences that can effect your ability to obtain a successful result.
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