Short sale tips: Get proactive

by Team Help on 19. Jan, 2011 in Fresno Short Sale Info

You may have never expected that owning a piece of the American dream could turn into such a nightmare.

Short sales are increasingly common across the country today because there are so many people in your same situation.

When we speak with other Fresno homeowners who are thinking about completing a short sale, the very thought of selling their home is very upsetting. And rightfully so. This is not what you signed up for.

As upsetting as a short sale can be, it’s far less upsetting than getting kicked out of your home by your mortgage lender and being labeled with a foreclosure on your record. Wouldn’t you agree?

DON’T BE PASSIVE

When you’re “upside down” on your mortgage and owing your lender more than your home is current worth (or worth for some very extended time in the future), it is very easy to hide-your-head-in-the-sand and just hope that you one day wake up from this very bad dream.

Trust us. We are amazed every week at how many Fresno homeowners we speak with that have the information in front of them that they need and they still choose to ignore it and passively DO NOTHING.

GET PROACTIVE!

Despite the grim realities of the situation, you need to get proactive!

Selling your home, before foreclosure, with short sale success, just may get you and your family out of a bad situation that will get worse with a foreclosure on your record.

But this solution doesn’t come without you (and maybe a spouse or a partner) reaching down deep and taking a proactive approach to this. You know it’s going to take patience, a time commitment, and some effort on your part. We know that too.

THE BOTTOM LINE

If we can be as bold as to give you advice right now, taking a proactive approach to your short sale success may help you get out of that American dream turned nightmare that we touched on above.