Your lender does not want to foreclose on your home, and neither do you! They would much rather have you stay in your home and continue making your payments, or have you sell it and get it off their books, even if it requires them taking a financial loss. Remember, banks are in the lending business, not the real estate business!
If you can’t find a way to stay in your home through a loan modification or other means, then a short sale is your next best option.
But before you call your local short sale agent, you need to know if you qualify for a short sale.
In this video I’ll discuss the 3 most important questions to ask yourself to determine if you qualify for a short sale. For more information visit Www.ShortSaleNowLosAngeles.com
or call 323-216-9671