Have you found yourself in a difficult situation, with the possibility of facing FORECLOSURE?
Amaral & Associates Real Estate Short Sale Specialists are here to help!
• Do you owe more than your home is worth?
• Have you received a notice of default in the mail?
• Do you want, need, or are being forced to move?
• Did you buy an investment property that you need to unload?
• Recently unemployed?
• Have you fallen on medical hardship?
If you answered Yes to any of the questions above, you may want to consider a Short Sale. Don't worry, you are not alone. Many home owners have mortgage loans that are no longer affordable given their current situations.
Our Short Sale Specialists handle all the bank negotiations so you can move on with your life. Call Mike Amaral at 508-989-8844 to see how we can help. Don't wait until it's too late. Call Now!
WHAT IS A SHORT SALE?
A Short Sale occurs anytime the value of the property is less than the amount owed to the lender and the lender agrees to write off the difference. In other words, the homeowner is "upside down" on his/her loan. Short Sales may be forced by a variety of situations: job loss, loss of income, divorce, medical bills or changing payments on adjustable rate mortgages (ARMs).
Why would a lender agree to a Short Sale? Lenders make their own business judgments when accepting or rejecting Short Sales. Lenders are in the business of making and servicing loans, not taking properties back through foreclosure and re-selling them. They want to avoid spending time and money to foreclose, evict borrowers and re-sell properties. They want to avoid paying property taxes, insurance, maintenance and repairs. They also want to avoid risking theft and vandalism to the property. Before the mortgage lenders will consider a Short Sale, they need to know financial information about the Seller(s) and why the Seller(s) can no longer pay the loan. The Seller will need to submit information to the lender to assist the lender in deciding whether to accept a Short Sale.
Our Short Sale Specialists have a 100% Success rate in closing Short Sales. Amaral & Associates Real Estate is on your side. Call Brian Cormier anytime at 508-674-4972 for a FREE confidential consultation.
PLEASE NOTE COMMISSION IS PAID BY THE BANK FROM THE SHORT SALE.
WHAT HAPPENS TO THE AMOUNT THAT IS WRITTEN OFF BY THE SHORT SALE ?
Click on the Link below regarding Federal Tax Liability. Please consult an Accountant for more information.
For State Tax Liability Please consult an Accountant.
For a FREE Confidential Consultation regarding to Short Sale of your Home feel free to call 508-674-4972 or email Info@AmaralAdvantage.com