What Can Prevent a Short Sale in the Washington DC area?

What can prevent the short sale of my property in the Washington DC area?

In order for a short sale to take place you must provide them with a few documents underlying your financial status, what the lender and stand to make and an offer to purchase your property. Most real estate agents fail to provide an offer to purchase and the bottom line the lender can stand to make. If the lender doesn’t have everything they need, they will not review your short sale. That is why most homeowners in the Washington DC area have their house listed with a real estate agent during the short sale process. Often time the owner will most likely lose their home to foreclosure if they don’t have the cash to make up their back payments and they do not find a buyer.

What does that mean?

If your real estate agent does not have a buyer that can purchase your house before your auction date for foreclosure then you will lose your house. Without the completed paperwork your short sale file will never leave the lenders desk and no agent will ever counter. For paper work to be completed an offer on the property needs to be made.

How We Can Help!

We are an investor company that buys houses from homeowners that are looking for a short-sale, facing foreclosure or are just looking to sell their property fast without any hassle or delay.  Alot of the owners we deal with are behind on their mortgage payments and have little to no equity. Homeowners contact us because can make a solid offer on their home within hours.

Contact Swing Real Estate for Help in Going Through the Short Sale Process!

If you decide this is an option for you, contact us at 202-888-0560 or click here so we can arrange the paperwork and start the process to set up the purchase and afterward we will buy your house.

About Sir Ashley Harrison

Sir Ashley Harrison is a full-time real estate investor and non-practicing attorney. He does deals throughout the country.

,

No comments yet.

Leave a Reply