Avoid the Trustee Sale, skip Foreclosure on your credit, dispose of your undervalued property in a week *, at No Cost To You!

 FACTS:

In the past year the banks were not open to dispose their properties

below the loan amount  owed to them.

They were poised to foreclose and dispose the properties as soon as the homeowner stopped making

the monthly mortgage payments.

This approach deepened the home crisis already created and the domino effect of foreclosure spelled over the rest of the US economy bringing it to a stall.

The government intervention forced banks to loosen and ease the processing to help homeowners in distress, creating  a streamlined method to deal with loan modifications and short sales.

LATEST FACTS:

As of June 15 2009, a new Moratorium will be in effect in California to stop the foreclosure procedures on owner occupied properties for 90 days, forcing the banks to work harder with the distress homeowners to keep them in the homes or allow short sale.

As of March 2009 the banks are forced by the federal Government to accept to negotiate first with the homeowners either to modify the loan or allow the sell the property short sale, before they can foreclose.

The banks streamlined the process through an uniform procedure method.Processing of a short sale is similar with a Loan Modification with the difference that the property has to have  an offer presented at the time of request for a short sale is submitted.

Market condition allows a short sale to take place within 90 days form the time an offer was received on the property and the transfer of title takes place from owner in distress to the new owner.

A WIN -WIN Situation

A distressed owner may dispose a property that he cannot afford to keep a short Sale stops the Trustee Sale proceedings.

NO COST TO SELL for the homeowner. Banks will pay all the commission,property taxes and other related expenses in most cases.

Saves the homeowners credit by eliminating the Foreclosure status in the credit report

Bank dispose the property clean of liens and without legal expenses and at the market value, avoiding legal lawsuits from their investors

*An offer to be received within a week. Historically proven by the MLS data

TAKE ADVANCE OF THIS WINDOW OPPORTUNITY!

 FOR A PRIVATE AND CONFIDENTIAL APPOINTMENT PLEASE CALL:(510) 490-8333