Short Sale Help for Sellers Elk Grove
For Elk Grove sellers who owe more on their home than it’s worth, a short sale could be your best option.
Most Elk Grove sellers need help understanding what a short sale is and the short sale process. In a short sale, an Elk Grove short sale expert will sell your home to a buyer at, or slightly below, market value. Then your short sale agent will negotiate with your lender to see if they will accept the proceeds as payment in full.
Lenders are not required to accept any discounted payoffs however most lenders are open to short sales because lenders want to avoid foreclosure if at all possible. Foreclosures cost the lender more money than short sales and often homes in foreclosure are in much worse condition.
When considering an Elk Grove short sale, sellers need a trained short sale agent to not only help them negotiate their short sale, but also answer questions, assemble the short sale package that will be submitted to the lender, refer attorneys to answer legal questions, keep the short sale moving forward, and offer guidance.
See if you qualify for an Elk Grove short sale.
Read more about Elk Grove Short Sale FAQs & Myths.
Short Sale Help For Sellers Elk Grove
Posted by Allan Sanchez Elk Grove Short Sale Agent www.AllansHomes.com
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