Short Sale Elk Grove-Why Would My Lender Agree to a Short Sale?

Short Sale Elk Grove-Why Would My Lender Agree to a Short Sale?

Lenders have incentive to negotiate a short sale with a distressed Elk Grove homeowner.  For example, if your lender took back your home as a foreclosure, they would become responsible for the maintenance, HOA fees, utilities, and other fess.  They would also be responsible for any vandalism, squatters, or damage done to the property.  Foreclosure can take many months.  Once it’s for sale as a foreclosure, it’s often in much worse condition than comparable short sales.  For these reasons, it is in the best interest of many lenders to agree to an Elk Grove short sale.

Lenders will look at your financial situation as well as the current real estate market to determine whether or not to agree to a short sale.  Using an Elk Grove short sale expert for your short sale will increase your chances of a successful short sale because experienced short sale agents know what to submit to the lender, how to submit it, and how to minimize your responsibility.

See if you qualify for an Elk Grove short sale.

Short Sale Elk Grove-Why Would My Lender Agree to a Short Sale?

Posted by Allan Sanchez Elk Grove Short Sale Agent www.AllansHomes.com