Stop Foreclosure by Short Sale
- Are you struggling to make your mortgage payments?
- Do you owe more on your home than it will sell for and still be able to pay commission and closing cost.
- Do you want to avoid Foreclosure?
The Blues Brothers Team at Keller Williams Hometown Partners are the short sale experts. We are experts in helping you work with your mortgage company to perform a short sale!
If you are currently in a foreclosure situation there are several
options a homeowner can pursue including a short sale, regular sale or
sale of your redemption rights. Many sellers without equity are also
eligible for a relocation grant up to $2,500. A short sale or short
payoff is when your lender or lenders accept a discounted payoff on an
existing mortgage and agree to allow $0 in closing for the homeowner to
avoid the cost of a foreclosure. In other words, when a homeowner finds themselves in a situation where the market value of their home
is not enough to cover the principal balances, late fees, attorneys
fees and closing costs, and their loan is in default A short sale
allows them to sell their property to avoid a foreclosure for themselves
and the lender.
Below are just a few of the short sales that we have successfully completed in the last year.
Proof the Blues Brothers Can get the job done!
-Successfully negotiated a short sale with Bank of America on a Bonnie Brae home and the bank accepted $48,898 under the amount owed.
-Negotiated and closed a short sale with US Bank on a Southeast Wichita home which previously sold for $187,500 and the bank agreed to accept $135,000 and was closed after Sedgwick County Sheriff Sale!
-Closed a short sale in the Goddard School District with State Bridge Company when the contract was received AFTER SHERIFF SALE and the lender agreeing to a loss of more than $35,000 less than the original purchase price.
-Assisted a seller in South Wichita with a Wells Fargo short sale and now 18 months later he has a 700 credit score.
-Assisted a seller in Mulvane with a Well Fargo loan after the Sheriff Sale and the seller walked away with over $17,000!!!
-Negotiated a sale of real estate with Wells Fargo for $42,451 short of the total balance owed and the seller received a $750 relocation fee.
-Sold a $260,000 rural Kansas property in 2 weeks and Member Services credit union agreed to a loss of $12,702 and the seller got over $3,000!
-Negotiated a short sale with Chase and Homecomings short $98,742!!!!!
Closed a short sale with Bank of America, for a total of $53,702 short.
-Metlife/First Horizon agreed to a short sale taking $38,330 less than what was owed.
-Successful short sale with HSBC, taking a reduction of $63,121 of the original lien and paid the seller $2,500 relocation fee.
-Recently closed another short sale with Indy Mac and the seller received $11,208 at closing!
Call the Blues Brothers today to be the next Foreclosure turned around into a success story!!
