Wisconsin Real Estate Agents|Realtors®, Short Sales

ROCK REALTY-Helping WI Home Owners/Buyers|Short Sales & Foreclosure Resource

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What is a short sale?

Posted on June 14, 2011 by Michael Collins 2

WHAT IS A SHORT SALE?

You may have heard of a transaction called a short sale. This is just one tool that Rock Realty real estate agents use to help WI home owners keep foreclosure off of their credit. With a short sale, sellers avoid having to go through a lengthy foreclosure process and prevent the impact of a foreclosure on their credit score.

A short sale occurs when a lender agrees to take less than the amount owed to payoff a loan as an alternative to foreclosure. Lenders know that it will cost them a significant amount of money to take a property back. The real estate agents at Rock Realty can often convince them that they will be better off financially if they sell the property now rather than taking the home through foreclosure and trying to sell it later. So, a short sale can actually be good for them.

WE CAN HELP!

Our first priority is to help homeowners overcome the obstacles that could result in the loss of their home. We specialize in helping homeowners who have fallen behind on their mortgage payments. We’ve helped people in Dane County & Rock County, from Beloit to Janesville and north of Madison. You deserve a fresh start. If you are facing the possibility of foreclosure and you live in South-Central Wisconsin, we can help you.

Click here for a Free Short Sale Home Evaluation

Or call a short sale Realtor at 608-921-8536

Additional Short Sale Information

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