Braham Short Sale Agents

Short Sale Agent in Braham

Due to the present economy, there are a number of Braham homeowners who now find themselves facing home foreclosure. Many circumstances can lead to foreclosure: the loss of a job, or health issues that limit employment opportunities. No matter the circumstances, Braham homeowners who want to cheat the foreclosure reaper should seek out the advice and services of a short sale agent in Braham at 763.607.1415. A short sale agent, in Braham, especially when dealing with a local home, is expert in the fields of short sales and foreclosures.

A short sale agent in Braham who is affiliated with our office spends a good deal of time educating homeowners about how short sales work. A short sale, when approved by the lender, means that the lender has agreed that a mortgage balance can be paid off for less than what is actually owed on it. There are a number of reasons a lender might approve a short sales proposal: to save time, money, and/or expenses. A short sale agent in Braham is a pro who has assisted other homeowners in escaping burdensome mortgages and enabling the lender to get a substantial portion of the loan balance repaid without resorting to foreclosure.

The short sale process may seem as involved as the foreclosure process, but in a short sale, the homeowner and their short sale agent in Braham can drive the short sale process by regularly contacting the lender. This is yet another place the services of a short sale agent in Braham can help. In a short sale, a seller, often through a short sale agent, in Braham and other jurisdictions, might approach their mortgage lender about doing a short sale to try to avoid foreclosure. A short sale agent in Braham can fully detail the process, but it goes something like this:

A seller is unable to make payments on the mortgage

The homeowner approaches their mortgage company

The homeowner, with the assistance of a short sale agent in Braham, submits a series of documents, including:

• A statement of financial hardship
• Financial documents
• Permission for a short sale agent in Braham to act on the owner’s behalf

A buyer makes an offer on the property

The agreement of sale is submitted to the lender

The lender issues an approval

To find out how a short sale can work for you and how you can avoid foreclosure, contact one of our group, a short sale agent in Braham, at 763-607-1415.