Afraid you may lose your home to foreclosure?

A short sale is one where the proceeds of a sale of a home fall short of what you, the owner, still owe on the mortgage. Some lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed when you cannot make mortgage payments. And, there may be no out of pocket expenses to you.

You'll be able to pay off the loan for less than what you owe - and your lender, by accepting a short sale, can avoid a lengthy and costly foreclosure - making the best of a less-than-great situation but you must use a qualified real estate broker. Lenders will not accept short sales by owners

If your home is facing foreclosure, you're not alone. With more and more homes - especially luxury homes - still on the market, some homeowners may be afraid that foreclosure is a given. Not true!  Call me and see if your home qualifies for a short sale.

I work with lenders, process the proper documentation, work out the details - in effect, to facilitate the entire transaction and take the worry off you!

Short Sale may be your last resort before foreclosure, so be sure to call me today at 586.709.5910 or email giovannachirco@msn.com