Minnesota Short Sale Expert

Many homeowners are facing difficult times right now trying to keep up on the mortgage payments. Much of the reason is that people continue to lose jobs at an extremely high rate. Just when you think your job is safe here comes the notice that you are being layed off. What do you do now to not only pay the mortgage payment but also keep food on the table and at the same time pay all of the other bills..? Sure there may be some unemployment coming in but not enough in most cases to continue being able to pay ALL of the monthly bills. Something has to give and that is usually the mortgage payment.
 

So what are your options..??

Your options are fairly simple. If you foresee that you will NOT be able to continue making the mortgage payments then the best option rather than letting the home go into foreclosure is to work with an experienced agent to sell the home through a short sale. There are many agents out there that try to take care of short sales for homeowners but a CDPE designated agent like myself has extensive training to know exactly what is needed to get them closed. The short sale is a way for the homeowner to avoid a possible foreclosure and get out of the home.
If you or anyone you know is in trouble and needs to know what options are available, please do not hesitate top call me directly or contact me through the website.

Any licensed real estate agent can offer to help a homeowner with the process of a short sale. There really is no special training that is ”required” by any of the local real estate boards and additionally no specific licensing to help a homeowner facing a major mortgage challenge. Simply list the property and wait for an offer and then…..oh yea…now this agent needs to know how to deal with the lender(s) and what paperwork is needed, etc, etc.

But wait…What’s wrong with this picture…??

When a real estate agent offers to assist a homeowner with a short sale in my opinion they should be knowledgeable with the process and understand the details of how to get them to the closing table. HOWEVER, many real estate professionals do not have the proper training to handle these short sales for the homeowners. That’s where a CDPE trained agent is different. I have been through extensive training and earned the CDPE Designation which provides the knowledge that I need to help homeowners accomplish a successful short sale and most importantly…AVOID FORECLOSURE…!!

If you or someone you know is faced with the unknown about how to pay the mortgage please do not hesitate to contact me to inquire about the options available. This can be done quickly right through the website.

Thank you.

Rob Reinke

I receive many different types of calls from homeowners who are desperate to figure out what options they have when they cannot pay their mortgage. However, some of these calls are from homeowners who simply want to move and get out from a situation where they are upside down on their mortgage. Meaning they have no equity but what they have is what we consider as negative equity.

With any potential short sale we need to determine if the home owner’s situation fits within the criteria of an acceptable hardship. There needs to be a financial hardship of some kind where the homeowner is either not able to make their mortgage payments now or in the near future. If someone simply wants to move and they cannot sell the home for what is owed but they have the financial ability to continue making the mortgage payments then the lenders will NOT accept a short sale.

If you are experiencing difficulties with your mortgage and need to know what options are available please do not hesitate to send me an email and we can discuss your situation. Foreclosure is NOT your only option..!!

Rob Reinke, CDPE