Selling a Home for Less Than you Owe (short Sales)

Many of the homes on the market today, andleader in conducting short sales since 2004. This is
homes going into foreclosure are not worth whata result of our commitment to the homeowner
they have outstanding loans for. Now we have anand conducting each negotiation with excellence.
expected 1 in 500 homes (nationalWe are effective because many of our
average)expected to go into foreclosure due toemployees have worked in the lender's loss
adjustable rate mortgages in the next year. Howmitigation departments and have been trained in
do you sell a home for less than you owe?short sales as their specialty.
Short Sales! While we have purchased homes viaThey list the following success stories on their
a short sale, I would not recommend it. It was awebsite:
very long drawn out process each time and1. Negotiated a 2nd lien owed $63,000 to $2,000
consumed weeks of time and a flurry of faxes,2. Negotiated a 2nd lien owed $212,000 to $5,000
conversations and numerous voice mails.3. Negotiated a 1st lien owed $107,000 to $71,000
I found National Short Sale Center, Inc. a national4. Successfully negotiated the complete removal
company which assists homeowners andof an IRS lien for approximately $25,000
mortgage services on a nationwide basis inIf you are a homeowner, lender or realtor, it
negotiating down the amount owed on a homemight be in your interest to contact them if you
loan. It creates a win-win situation for both partiesor a client owes more on their home than it is
by providing the homeowner an option beforeworth. I was not able to find any negative
their property is foreclosed upon, and by achievinginformation on them and they are a member of
maximum yield for the servicer.the BBB (Better Business Bureau).
National Short Sale Center has been the national