Sell your home and walk away from the loan
Short Sale
If you want to move, you can sell your home.
If the fair market value of the home is less than your loan balance, there
is a process called a Short Sale in which you can still sell your home. A
short sale is a situation where the lender is willing to accept a smaller
payoff of the balance of the loan in order to sell the home at fair market
value. Hence, the term “short” in short sale.
We can assist you with the Short Sale and the most advantageous part for
you the sellers is that the lender generally pays our commissions, listing
fees and the closing costs.
The advantage of selling your home in a Short Sale rather than going
through the foreclosure process is that a foreclosure stays on your credit
report 4 to 5 years longer that a short sale. You may be able to qualify
for a home loan in 3 years if you do a short sale as opposed to 5 to 7
years if your home is foreclosed.
As with a loan modification, you will need to be experiencing a financial
hardship in order for our lender to approve a short sale. Please refer to
the list mentioned above for generally accepted hardships.
Please complete our listing
application or call our
affiliate HouseRebate.com today at 888-836-5675 and talk to one of their
agents to find out how they can assist you.
Free 24 hour recorded message 800-958-1952.
Sincerely,
Brian Yui
HouseRebate.com
4445 Eastgate Mall, Suite 200
San Diego, CA 92121
tel. 760-436-2305
fax 775-719-6849
www.houserebate.com