The banks are beginning to favor offering a short sale to distressed homeowners rather than foreclosing for several reasons: The short sale sells on average for $27,000 more than a foreclosed property. The bank does not have to take on the expenses and maintenance of a vacant home in a short sale. The banks realize a vacant house impacts the values of other homes in the area thus devaluing assets that they may also hold a mortgage on. Some courts have questioned whether the foreclosure process was correctly followed on some homes. This could place a cloud on the title of such homes. In a short sale, there are no title challenges as the original seller signs away title at the closing. http://www.GAHomesTEAM.com and Roland Lorans, a Dacula Buford GA Real Estate agent who is knowledgeable in Buford Dacula GA real estate, offers you advice as a Short Sale Seller in what it takes to do a Short Sale and avoid foreclosure in Georgia. . Roland is a Short Sale Expert with many transactions closed and many sellers very happy with the result of being released from debt by their lender. He has a team dedicated to the short sale process. Many sellers wonder How To Do A Short Sale and Roland and His TEAM which includes a Lawyer and Para-Legals has all of the answers. Call Today for a Private Consultation 770-866-2561Distributed by OneLoad.com
