So here we go on our
fourth session on West Sacramento Short Sale Frequently Asked
Questions. Again we will give only the quick readers digest version to the most
popular West Sacramento Short Sale FAQ's
but know that chances are real strong we have a full blown session dedicated to
nearly every West Sacramento Short Sale FAQ. So let's get
going.
I am concerned about my
credit. How will a West Sacramento Short Sale affect my credit?
It is not the West Sacramento Short Sale the hurts your
credit as much as the late payments. You can expect the West Sacramento Short Sale to be on your
credit record about 18-24 months
What are my chances of
getting a Principle reduction and avoid a West Sacramento Short Sale or foreclosure?
Only about 1% of those who apply actually receive a principle reduction. It
just doesn't happen that often.
What about a loan mod?
Same thing -- very few homeowners actually get a full re-cast of their loan and
those who do still owe more than the home is worth.
How long does a typical West Sacramento Short Sale take? Nationally
6 to 9 months. We typically take 3-6 months depending on the type of loan,
number of loans and who the investors are.
Should I move out during
the West Sacramento Short Sale?
You can if you choose to although I recommend staying in the property. If you
are not making payments and move you will have to start paying rent while your
house sits empty. Why not stay, maintain the property and conserve capital
while we process the West Sacramento Short Sale
Is a West Sacramento Short Sale Right for Me?
Give me a call and we can discuss your particular situation. 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 or for the latest West Sacramento short sale information.
Call me today and sleep better tonight; you'll be glad you did
No comments:
Post a Comment