This home in Seven Oaks at 1262 Lasalle Dr in Smyrna TN sold in just 33 days! That’s almost unheard of in the short sale world! Wonder why?
The expert tactics of a short sale specialist. Jim McCormack facilitated the transaction with Bank of America on an FHA insured loan in the HUD Pre-foreclosure program and helped the homeowners sell in just 33 days for $124,500. Also, the borrower/seller received a full release of the debt/loan. This means that at tax time or in the future, no one will come seeking restitution or additional income tax.
This is great news and it only happens with the care and communication of a dedicated short sale agent. With Jim’s help the clients:
- Were able to communicate with their lender on a more informative level
- Use the pre-foreclosure program and not be charged extra
- Possibly receive an incentive dollar amount in credit at closing
Most people don’t even know their options until they start speaking with an expert. Just as lawyers stay up to date on the proceedings and rules, we stay up to date on the new programs and procedures to offer our clients the absolute best options out there. Because things change all the time it can be almost impossible for homeowners to know what’s new and what’s changing. Many don’t even realize there are options after months of missed payments. Foreclosures are not the answer. They leave people with harsh marks on their credit history and can damage finances for years.
A Short Sale is a much better option as it works with the lender instead of avoiding the lender. Because of this, no matter what type of loan you have, FHA, VA or conventional, the homeowners have a way out and may not be charged with any back debt in the future. This is an excellent chance to start over.
Many people have faced hardships such as medical expenses, death, job loss or relocation and just simply cannot make ends meet. This is the second chance they need and maybe YOU need to get you back on your feet. I bet you will be surprised at all the options available to you but you simply cannot wait. The longer you wait the fewer options you will have. Call me today and let’s see how we can offer you the debt relief you need to move on.