Do I Qualify for a West Sacramento Short Sale? West Sacramento Short Sale Agent, Default Advocate, Distressed Property Expert and West Sacramento Short Sale Specialist Mike Rigley here
bringing you the latest West Sacramento Short Sale Information. Thank you
for joining us.
Today let’s talk about
what is needed to qualify for a West Sacramento Short Sale.
When West Sacramento Short Sales first hit the
market again in 2006 until about 2008, a written verifiable hardship was
mandatory for the lender to even consider a West Sacramento Short Sale. A hardship was
defined as job loss, divorce, sickness in the family, income reduction or
curtailment, job transfer or other life changing events. My how things have
changed. Now while there are still some servicers and investors that require a
verifiable hardship, more and more the fact that your current property is now
worth half what you owe is many times considered the hardship. With the exception
of Freddie
Mac, many times you do not need to even miss a payment to qualify
for the West Sacramento Short Sale.
Now I am not advocating
walking away from your mortgage if you truly can afford it. That is a personal
decision only you can make and then only if you are willing to face the
foreclosure if the lender does not approve your West Sacramento Short Sale.
The bottom line is, for
the banks, servicers and investors it is all about the money – always has been
always will be. For them the decision is about where they will lose the least
amount of money – West Sacramento Short Sale or Foreclosure.
If it is Short Sale, they will take the Short Sale. If Foreclosure, they will take the foreclosure pure and
simple.
Is a West Sacramento Short Sale Right for Me?
Give me a call and let’s find out. We also offer a short sale lease back program for those who
qualify allowing you to short sale and stay in your home. Call me
for details
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
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