Rama Mehra
San Ramon Real Estate Specialist

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If you are facing a financial hardship, have lost substantial value of their home and have tried for a loan modification with no positive results, you may want to consider the option to short sell your home. Many distressed home owners turn to their lenders for help, when none is forthcoming. Most of the time the institution the home owner thinks is their lender, is actually just a servicer of the loan and must go back to the investor for approvals. That is one of the main reasons why loan modifications are usually unsuccessful. Sometimes even a Short Sale may not be the right answer, given your situation. Before you make a decision, please contact a CPA or attorney to make sure that your individual situation is a right fit for a short sale. Here are some helpful links for you: 

1.
Short Sale Defined
2. Secrets to Successful Short sale
3. What is HAFA?
4. Recourse Loans and implications
5. Credit Information for Distressed Home Owners
6. Foreclosure vs. Short Sale- Homeowner Consequences
7. Reason Why The Bail Out Wont Affect Your Short Sale.
8. Short Sale Myths- Get your important questions regarding Short Sales answered.

If you want further information on how to initiate a short sale and need assistance, please contact me via email

 

Rama Mehra
Keller Williams Realty
Ph: 925-236-0375
760 Camino Ramon, Ste 200
Danville, CA 94526 US
DRE License # 01463395
www.ramamehra.com
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