Minnesota Short Sale Expert

We all realize that the federal government has helped countless banks in the last year or more by basically giving them a “handout” to remain in business. Some of it may be justified to assist in the recovery of our overall market economy. However, the story in the link below will really illustrate the types of agreements that happen behind closed doors that we as taxpayers rarely ever find out about.

Click on this link below to watch a VERY troubling video of how IndyMac bank and the FDIC are working together.

Watch Video

If you ask 100 people this question you might get a 50/50 response. I think it is a good market meaning that there are great values out there for the buyers. Often times buyers do not want to do the work that a foreclosure will typically need. Short sale properties in many cases do not need much more work other than touch up and or light updating. The ones that say it is a “bad” market are usually referring to the length of time that they can take to get approved. Yes they do take time but if the buyer has the time to wait for a great value a short sale can be the right fit.

If you are interested in purchasing a short sale OR if you might be in a position that you are facing a financial hardship and need to sell your home through the short sale process, please do not hesitate to call me directly. As a CDPE agent I can help you through this stressful process.

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.