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Saturday, June 30, 2012

Do You Have to Miss a Payment to Short Sale Your West Sacramento Property

Many times we get the question of whether or not we have to be late on our payments to complete a West Sacramento shortsale and the answer is - it depends. We just recently completed a Wells Fargo short sale where Fannie Mae was the investor and the seller never missed a payment. 

   
We have done this with other servicers such as Bank of America and GMAC as well. Many times the negotiator with tell you the “guidelines” dictate the borrower must be late in order for the investor to consider the West Sacramento shortsale. Because of our expensive training and experience we know this not to be true. With our carefully placed escalations and perseverance we have had considerable success in getting West Sacramento short sales approved without the borrower missing a payment. There are times where the sellers profession frowns on a foreclosure or poor credit report and other times when the seller simply did not want to damage their credit but still wanted or needed to get out from under the over encumbered property. If this sounds like you and want to know if a West Sacramento short sale is right for you, please call me today.

To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation. Call me today and sleep better tonight; you’ll be glad you did

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