If you have fallen on hard times, you may find yourself struggling to pay your mortgage. A temporary setback like a job loss or an illness, can have lasting economic effects. If you have fallen behind on your mortgage and don’t believe that you will be able to afford to stay in your home, a Short Sale may be a good alternative for you. While it isn’t the ideal situation, a Short Sale may result in lesser damage to your credit than a Foreclosure. In addition, under Home Affordable Foreclosure Alternatives Program, or H.A.F.A., you may be eligible for a $3,000 incentive for pursuing a Short Sale of your house.
The professionals at Elite Ocean View Title Agency have processed hundreds of Short Sale transactions and help homeowners who may be facing a Foreclosure and/or are struggling to pay their mortgage. We will guide you through the entire process and help to facilitate the Short Sale transaction of your home. Click on the links below to get more information or to get started right away. Download the appropriate forms necessary to start the Short Sale process and email them to firstname.lastname@example.org or send them via fax to (305) 824-3868.
Short Sale Packages for Realtors
We have also created Short Sale Packages for Realtors that contain the checklist of required documents and other information necessary to submit a Short Sale package on behalf of your homeowner. Once you and your homeowner have completed the necessary documents, please email them to email@example.com or send them via fax to (305) 824-3868.
As soon as we receive your Short Sale package, we will be working on it right away and will underwrite it within 48 hours. During that time, we will review the documents to ensure that the hardship is clearly stated and the package is complete before sending it to the lender. Your file is then assigned to one of our Short Sale internal processors who will be responsible for submitting, processing and negotiating your transaction with your lender.
Communication is key and you will receive regular e-mail updates from your assigned processor keeping you abreast of the current activities on your transaction. Your processor and assigned attorney as are also available to answer any questions by cell phone. Our services do not require any up fees and there is no charge to the seller, buyer or Realtors. Our fees are negotiated with the lender and they pay our charges at the time of closing. We do not take any fees from your Realtor’s commission and if the deal does not close, there is not charge to the seller or the Realtors.
We appreciate the opportunity to assist you with your transaction and look forward to working with you to find a speedy resolution to this challenge you may be facing. As a Realtor, we hope that our services will not only help your clients, but will also help you to increase your sales. We look forward to working with you. Please contact our office for a complimentary consultation to determine if a Short Sale transaction is the best alternative for you.