Short Sales in Katy Texas…
A short sale is when the bank or lender holding the note on a home allows the seller, who has gotten behind on their payments, to sell their house for less than they owe on the note. Not all banks or lenders will participate in a short sale and certainly not ever real estate agent in capable of conducting a short sale. It takes a lot of work on the part of your agent to successfully market, sell and close a short sale, but if the agent knows what they are doing, it can be done, thus saving the home seller from a foreclosure on their record. This helps the homeowner to again, someday down the road when things have turned around for the homeowner to buy another home.
If you are having trouble with your home loan either because of an adjustable rate mortgage that has adjusted or you are falling behind on your mortgage payments, PLEASE do not sit and do nothing. Please give us a call and allow us to meet with you, talk with your note holder and see if we can qualify you for a short sale so that you do not have to go through the foreclosure process that wreaks havok on your credit scores for 10 years!
Only an agent who understands the short sale process should be hired to do this for you as it is very demanding work and not every agent understands HOW to do these processes properly. We have successfully helped homeowners through these situations in the past, and we may be able to help you too…but we can not help if you do not call us and as us to help!
We look forward to helping you with your home sale, regardless of the situation!