Residential and Commercial Real Estate Experts

We are here to serve you!

Why a Short Sale

The short sale process can be a relief to many homeowners who find themselves in financial distress. Our job at Rojas Realty Group is to find solutions for our clients and many times negotationg a short sale may be the best answer.

For sellers who are in default of their mortgage, catching up many times is not an option. The lender may be willing to renegotiate or modify the existing loan to make it feasible for the homeowner to stay in their home. If the lender is not willing to do this then a short sale may be the answer. Even though a short sale may still effect the homeowners credit negatively it is still generally better than a foreclosure. A short sale usually carries less damaging effects on your fico score compared to a foreclosure.

At Rojas Realty Group we strive to market all our listings aggresively and understand that in many cases we are our clients best hope to relieve a stressful financial situation. We market all our listings including short sales and foreclosures aggresively to ensure high traffic and the best possibilty of offers. We will work together with sellers and lenders to ensure proper and efficient communication and a successful transaction.

If you would like to receive our listing presentation and a free comparative marketing analysis please contact us at 404-254-3485 or email us at rosarojas@kw.com

There are currently no Links.

Can you benefit from a short sale

A short sale is an "arrangement" between the current owner of a home and the bank that lent them the money to buy their home to accept an offer for less than the total amount owed to pay off the home. The "deficiency" is the difference between the amount owed and what the bank collects at the short sale.

The elements of a short sale are generally these:

1) The property is worth less than is owed.

2) The seller has some hardship that makes it impossible or extremely impractical for the seller to keep the property.

3) The seller is cooperative and willing to work with a real estate agent to process a short sale.

4) The lender is contacted and expresses willingness to entertain a short sale.

5) The property is listed, with appropriate caveats and protections for the seller, properly priced, and effectively marketed.

6) The lender is presented with an offer, accepted by the seller, along with a completed short sale package and narrative explaining why the short sale is necessary and desirable.

7) The lender approves the offer and escrow closes as usual. No proceeds go to the seller.

What constitutes a Hardship:

Most lenders focus on and require "changed financial circumstances". Loss of job, unusual medical costs, death of an owner, natural disasters, even extended military service for reservist, can be hardships.

To inquire about listing your short sale please call us at 404-254-3485

Request Home Evaluation

Please complete and submit the following Online Home Evaluation form. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential. Please let us know in the notes section wether you would like to know if your home is eligible for a short sale.

* First Name:

* Last Name:

* Email:

* Phone:

* Address:

Postal/Zip Code:

Year Built:

* Size:

Bedrooms:

Bathrooms:

Has Suite:

Garage:

Type: Electricity: Heated: Air Conditioned:

Basement Type:

Development:

Notes:

Please describe any special features and recent upgrades.
For example: age of carpet & lino, type of kitchen cabinets, property backs park. List major renovations in recent years, etc.

* * Maximum of 1000 characters

When are you planning to move?

* Required Field

Receive additional information via email.
Unsubscribe at any time.

Why a Short Sale

Can you benefit from a short sale

Request Home Evaluation