Dakota County Short Sale Agents
Dakota County Short Sale Agents can be a great asset to homeowners facing foreclosure. Short sales offer a better outcome for all parties. Our dedicated Dakota County Short Sale Agents make resolving mortgage problems a swifter, less arduous manner. Contact the best Dakota County Short Sale Agents at 763.607.1415 to learn more about short sales and how they can halt the threat of foreclosure.
Homeowners faced with foreclosure must not wait too long before taking action. Contacting the Dakota County Short Sale Agents is likely the best step homeowners facing foreclosure can take. Having the right Dakota County Short Sale Agents makes a big difference in how mortgage issues are resolved. Dakota County Short Sale Agents have the knowledge to make a short sale a viable means for homeowners to be relieved of their mortgage commitments. To obtain the assistance of a well respected group of professional Dakota County Short Sale Agents, and for help evaluating whether a short sale is the right solution for you, call 763.607.1415.
Our group of Dakota County Short Sale Agents will educate you about how a short sale works. A basic outline of what our Dakota County Short Sale Agents will tell you is:
- A foreclosure becomes a possibility with the first missed mortgage payment.
- After three months of missed payments, lenders send a “Demand Letter” requiring that the mortgage be made current within 30 days.
- Four months of missed payments, and the matter goes to the lender’s attorneys, and a sheriff’s sale of the property is scheduled.
- At the end of the process, during the redemption period, the homeowner can regain the property by paying everything owed on the mortgage and all fees incurred during the process, but the redemption amount is often very high.
- Foreclosure leaves a dark blot on credit ratings.
Short sales require proactive steps by homeowners. Our highly qualified Dakota County Short Sale Agents can be instrumental in getting all paperwork filed in a prompt manner. Dakota County Short Sale Agents help with the documentation needed for a short sale:
- a completed listing agreement for the property
- a Net Sheet/HUD form
- a financial worksheet showing all of the homeowner’s monthly expenses
- a hardship letter explaining the reasons for the request
- an executed purchase contract
- the buyer’s prequalification letter (or proof of funds for a cash sale)
- written authorization for a realtor, such as Dakota County Short Sale Agents, to act as the seller’s agent
Contact the premier Dakota County Short Sale Agents today at 763.607.1415.
Tags: Dakota County Short Sale Agents, Dakota County Short Sales, Dakota Short Sale
