Stop Foreclosure In Manchester Lakes - Get Short Sale Help Today
As a Certified Distressed Property Expert, I am able to help you in the Manchester Lakes area. If you currently own a condo in Essex House, Tiers at Manchester Lakes, Surrey at Manchester Lakes, or Victoria Crossings, use this website to see if you qualify. We also assist in the sale of townhomes, so we can help with Manchester Crossings and the Townes at Manchester park.
What if I'm behind on my condo fees in Manchester Lakes? If you are behind on your condo fees, then please disclose this immediately. When you are facing a financial hardship, it's understandable that you may not have the ability to meet all of your financial obligations, including the monthly association fees. The sooner we know this, the better we can prepare your lender to help with costs that will be involved. We have been successful at having the lender pay past due condo fees as part of the short sale agreement. So, not disclosing this information could be detrimental to the outcome of your short sale approval.
Can I get any money back at closing when I short sale my home in Manchester Lakes? If you are approved for a government short sale, such as the FHA Pre-Foreclosure Sale Program or the HAFA program, then you may be elegible to receive money at closing to help you with your relocation expenses. Both programs have specific criteria, so contact me today to see if you qualify. With the FHA Pre-Foreclosure Sale Program, you may be elegible for $1500, and with the HAFA program, you may receive as much as $3000 at closing. Most large banks also offer monetary incentives for underwater homeowners to participate in a short sale.
Should I vacate my Manchester Lakes home? No. One of benefits of a short sale vs a foreclosure is that a short sale is usually in better condition because the home remains occupied. Also, the government programs will require that you continue to occuy the home in order to qualify for relocation assistance, or money back at closing.
I have a rental property in Manchester Lakes, will I have to pay taxes if I do a short sale? Non-occupant homeowners are unable to take advantage of the Mortgage Debt Relief Forgiveness Act that is scheduled to expire on December 31, 2012. Please check with your professional accountant or tax advisor regarding the tax implications on a short sale.
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 Manchester Lakes.