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Is a Short Sale Right for You?
Manage episode 153741294 series 1099829
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Today I will be starting a 10-part series on short sales. Almost all of our business comes from these types of sales, and we always get a lot of different questions about them. There are a few things to consider when thinking about if a short sale is right for you.
- Can you afford your mortgage payment?
- Is your property under water? If it is, how far under water is it?
If your property is significantly under water is it that wise for you to spend the next 5-10 holding onto it? It may be better to just cut it loose and start fresh with a different property.
If you ask yourself these two questions, you will probably find yourself in a better position to answer the question above. If you have any more questions, please feel free to contact me via phone or email.
If you ask yourself these two questions, you will probably find yourself in a better position to answer the question above. If you have any more questions, please feel free to contact me via phone or email. Be sure to stay tuned next week when we will be discussing what the short sale process looks like.
As always, if you're thinking of buying or selling in Lane County, please get in contact with me.
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