TOP TEN REASONS TO SHORT SALE YOUR HOME
Author: PETER C. HUMBLIAS, ESQ.
Written On: Tue, 30 Mar 2010
1. POTENTIALLY AVOID, SLOW DOWN OR STOP A FORECLOSURE OR PRE-FORECLOSURE.
2. POTENTIALLY MINIMIZE THE EFFECTS OF MORTGAGE DELINQUENCY ON YOUR CREDIT REPORT AND SCORE.
3. POTENTIALLY GET SOME OR ALL OF YOUR CLOSING, HOME REHABILITATION AND SALE COSTS PAID FOR.
4. POTENTIALLY REDUCE OR ELIMINATE THE AMOUNT YOU OWE YOUR LENDER(S).
5. POTENIALLY AVOID TAX REPERCUSSIONS/IMPLICATIONS.
6. POTENTIALLY GET ANY TAX, WATER AND/OR SEWER ARREARAGES PAID FOR BY YOUR LENDER(S).
7. POTENTIALLY GET ALL YOUR REALTOR COSTS AND COMMISSIONS PAID FOR BY YOUR LENDER(S).
8. POTENIALLY AVOID PUBLIC NOTICE AND DISCLOSURE OF DELINQUENCY AND FORECLOSURE.
9. POTENIALLY AVOID EMBARRASING AND ANNOYING COLLECTIONS PHONE CALLS.
10. POTENIALLY REDUCE YOUR STRESS AND GAIN PEACE OF
MIND WHILE KNOWING YOUR HOMES FUTURE.
*Please note: The information contained in this bulletin does not constitute legal advice. Before preparing to short sale your home you should seek legal advice. Legal information is not the same as legal advice – the application of the law is specific to an individual’s circumstances. We recommend you consult with our office or your own lawyer if you want professional assurance that our information, and your interpretation of it, is appropriate to your particular situation. This information should not be reproduced and is the intellectual property of the Law Offices of Peter C. Humblias, LL
