Many people today are seeking alternatives rather than walking away from their homes. The good news is if you have Branson real estate or Table Rock Lake real estate that's 'underwater', there might be a short sale option available for you. If you're like many people who feel ‘trapped’, you may want to seriously consider a short sale. A short sale is when a bank takes less money for your property than is owed because logically, they see that something is better than nothing.
Doing a short sale is one of the most effective ways to avoid foreclosure. If you have a home you can no longer afford for whatever reason, a short sale may help. Rather than walking away and having that foreclosure blemish on your credit report for seven or more years, a short sale appears on your credit report for an average of 2 to 3 years. However, unlike a foreclosure, which shows the bill was 'forgotten', a short sale is often seen as less detrimental because the mortgage was paid off (although at a lower rate than the borrowed amount).
It's important to note that not everyone has the option to do a short sale. If you've missed payments and you're already in the process of foreclosure, in all likelihood, a short sale might be out of reach. However, if you're in a situation where you're just barely making payments or you've recently had financial difficulties that could lead to missed a payment, now is the time to speak with a short sale specialist. More often than not, most homeowners wait far too long to find a solution. It's easy to understand why! There's a certain level of emotional hardship that goes along with financial troubles. Many people faced with this situation feel embarrassed and even downright depressed in dealing with it.
With that said, let's see if I can help you turn things around in the right direction. My name is Charlie Gerken and I'm a short sale specialist ready to help you when it comes to Branson real estate and Table Rock Lake real estate. There's no cost and no obligation to discuss your situation. If I'm able to help you, I'll outline a plan to get you back on your feet and bring buyers to you for a short sale. Please contact me today to see if we can put you on the path to greater peace of mind and avoid foreclosure.Modify Search Criteria