Mortgage Payment Difficulties - Stop Foreclosure - Now is the time to Short Sale in Myrtle Beach

 

            With the economy that we currnently live in, you might find it difficult to payyou’re your mortgage or you may even fall behind on your payments.  This could happen for any reason for example: the economy, the death of a family member, becoming disabled, getting sick or many other reasons it could make it difficult to make the payments. If you or someone you know has fallen back on mortgage payments so much that they are facing foreclosure, do not worry there is hope! Your solution is a short sale. What is a short sale? A Short Sale is a win-win solution for the home owner, the lender, and the buyer. The lender gets the highest price for a quick sale at the current market price. The borrowers generally get relief from possible future legal actions and deficiency judgments. Short Sales occur when borrowers sell their property for a sales price less than the amount owed to their lender(s) after all sales expenses, including brokerage fees, are taken into account. In order for this to take place the lender(s) must accept a discounted payoff; meaning the bank(s) gets paid less than the full loan amount owed. In a short sale, the homeowners get complete relief from all of their mortgage debt. The end result is the condo or home is sold, the mortgage is satisfied (paid off) and the seller avoids a foreclosure or a bankruptcy in the event of hardship. Perhaps even better, a seller’s credit rating will almost immediately improve because your credit report shows that your mortgage was paid in full. A short sale is typically faster and less expensive than a foreclosure. Any type of property can be sold through a short sale.

 

The Jerry Pinkas Real Estate Team can help you out before it’s too late. We specialize in Short Sales in Myrtle Beach, North Myrtle Beach, Surfside Beach, Garden City, Conway, Loris, and Carolina Forest area.  To be good at what you do, we focus only on the Grand Strand Area of South Carolina.  Our Short Sale Service is free to you; the lender covers all the costs involved. We are committed to treating every client as if they are our #1 priority. We are known for developing quality working relationships with our clients; relationships based on respect, integrity, and trust. Please contact us before it’s too late! We will help you as best as we can. Call The Jerry Pinkas Real Estate Team at (843) 222-1926 today.