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John Preston | johnpreston

Real Estate Agents That Will Help You Forestall a Foreclosure

May 5th 2015 at 10:09 AM

Receiving a foreclosure notice from your bank is something that you can prevent – even if you are way behind in your payments. There are real estate agents that specialize in this kind of legal procedure such as Marshall Realty Reno.

Specialties:

•   Foreclosure
•   Buyers
•   Marketing
•   Equity
•   Real Estate Agent Services

Perhaps you are dilly dallying in your decision about short selling your house. It is really a very difficult decision to make. This is why Marshall Realty Reno is here to help.

Our team has developed the Short or Stay Calculator to help you avoid foreclosure entirely. We know that minimizing the number of foreclosures will benefit not just the beleaguered homeowner, but also the community at large.

Marshall Realty has also assembled an expert team of short sale negotiators. They work tirelessly in providing homeowners the advice and professional help they need to get their homes sold and avoid foreclosures.

The training and education that Marshall Realty provide their agents enable them to give sound advice and offer several options so that you can avert foreclosure on your property.

Having your house foreclosed is a very tragic thing to happen. That means all the payments you’ve made for your mortgage will go down the drain. There’s a better alternative to this unfortunate thing, and that is through negotiating a short sale on your property.

Marshall Realty has qualified and experienced team of short sale agents. Give us a call and we will help you immediately so that the foreclosure or bankruptcy you face will be stopped in its tracks.

Negotiating for a short sale is among the best alternatives you can choose. In reality, there are several options open to you instead of just filing for bankruptcy or letting your property be foreclosed.

There are a number of benefits in choosing short sale with the help of Marshall Realty Reno rather than opting for foreclosure or bankruptcy.

1.   If you are able to successfully negotiate and close a short sale, you will be eligible for a Fannie Mae-backed mortgage after only 2 years.
2.   A short sale is not reported on your credit history. There is no specific reporting item for ‘short sale’. Typically, the loan is reported as being ‘paid in full’ or ‘settled’. If you file for bankruptcy or your property is foreclosed, it will be a red item on your credit history.
3.   In some successful short sales, it is possible to persuade the lender to give up his right to pursue a deficiency judgment against the homeowner.
4.   A short sale is not reported on a credit report. Therefore it cannot be used as a challenge to your future employment.

Give us a call today and let us help you.

 

 

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