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A Short Sale is where you sell your property for less than what you owe in order to AVOID Foreclosure.
Finish Line Property Solutions will start the process by providing a list of documents required by the bank. Our partner's Short Sale team will review the documents for accuracy once the homeowner completes all documents and forms. Once all forms are completed, Finish Line Property Solutions will submit the purchase agreement to the homeowner to sign. Now Finish Line Property Solutions will send the Short Sale package to their Short Sale negotiating team to start negotiating on the homeowner’s behalf.
Our partner's Short Sale team will submit the Short Sale package to the lender. The lender will review the documents and schedule an appraisal of the property. Once the lender determines what price they want for the property we begin our negotiations. Like all real estate transactions, there will be negotiations between the seller and buyer to determine the final price of a property.
Once the final price is agreed upon, the bank will send us the Approval of Short Sale. The homeowner will then have 30-45 days to move from the property. If the homeowner was approved for relocation funds, the homeowner will walk away from the closing with a check for $3000 to $5000. Finish Line Property Solutions has now purchased the property and the homeowner is no longer responsible for the mortgage. Our partners have received 100% waiver of deficiency for all of our homeowners since 2008.
A Short Sale is one of the best ways to AVOID Foreclosure. The Short Sale will help a homeowner by releasing them from the mortgage. Another benefit to a Short Sale is that the homeowner may qualify for relocation funds which will give anywhere from $3000 to $5000.
Our partners have been helping homeowners for 25 years. We buy houses for cash that are in any condition and any situation. Let Us Help! We are your real estate problem solvers. Our partners have also completed over 250 short sales since 2008. That means that our partners are responsible for keeping over 250 homeowners OUT of foreclosure. ALL of our services are FREE!