If you find yourself facing a financial hardship and would like to sell your Del Ray home as a short sale, be sure to hire an experienced Del Ray short sale listing agent. One of the most common concerns that homeowners have is that with a foreclosure, there is a feeling of no control. When you choose to do a short sale, you are given the opportunity to market your home and to see what the bank is willing to take. If your Del Ray home is your principal residence, you may qualify for the HAFA program and receive a relocation allowance. In addition to this, some banks, including Chase and Bank of America, may offer more monetary incentives to allow you to short sale your home. With a foreclosure, you don't have these options.
I'm Still Current On My Mortgage, Do I Still Qualify to Short Sell My Del Ray Home?
Depending your hardship, you may be able to do a short sale, even if you have not missed a mortgage payment. For example, if you have been laid off, that is a valid financial hardship. We have successfully obtained short sale approvals for homeowners who are current on their mortgage. The benefit is that there are no late payments reported on your credit report.
Can I Short Sale My Del Ray Rental Property?
Absolutely. We also work with local, and out of state sellers when it comes to short selling investment properties. Perhaps you've had a challenge finding a tenant, or you are unable to refinance and are facing a monthly cash flow shortage. Whatever your situation, it's possible to stop foreclosure on your rental property in Del Ray.
What's The Current Market Value Of My Del Ray Home?
We can provide a market analysis of your Del Ray home in Alexandria VA right away. Just complete the quick form, and we will send you information on homes currently for sale, pending, and recently sold. Because many Del Ray homes are unique, it's possible that we will have to visit your home for a more detailed analysis. Home styles in Del Ray vary widely, even on the same street! From bungalows, to duplexes, we will provide you with an accurate assessment of your home's value.
Will The Bank Pay The Real Estate Commission When I Do A Short Sale?
Yes. Another advantage to the homeowner, is the short sale lender pays the real estate commissions in a short sale. In the event that you do not agree to bank's terms for approving your short sale, you may cancel your purchase contract and owe us nothing. We do not charge administrative fees, retainer fees, or cancellation fees.
I Would Like More Information Before Being Contacted.
And we totally understand that, which is why we've attempted to make this website your best resource for foreclosure prevention. If you're not quite ready to give us a call, then be sure to download our Free E-Book. Download your free copy to use as a reference, or pass it along to someone who you know who may need help avoiding foreclosure in Del Ray.