Funds Back From Your Short Sale
Hello and welcome. Thanks for tuning in now. We are Kevin Kauffman and Fred Weaver, Arizona’s premier short sale specialists. We have closed greater than 300 short sales over the past few years at a very high success rate. This blog is to inform homeowners that are underwater, in arrears on their payments or about to fall behind on their payments.
We know that cash is tight for lots of of you. We know that most of the customers we work with are stressed. So, we wanted to share a little good news with you. This does not apply to everybody, but it might apply to you.
If you have a loan that is serviced by Wachovia or a loan that is owned by FHA, you have the opportunity to get reimbursement after closing a short sale. We had a customer collect $5000 from Wachovia after completing a short sale. They term it a seller incentive. That is astonishing.
So, if you have a Wachovia loan, short sale is something that you should think about. It can not just relieve you of your payment, but it can also leave some cash in your pocket.
One of the additional things is the FHA loan. We have done a number of of these over the previous few years. They will incentivize the sellers by $750 for closing a short sale. Nevertheless, if you close the short sale in under 90 days, they will up that amount to $1000. We have had multiple sellers receive $1000 for closing a short sale.
If you are considering a short sale with an FHA loan or Wachovia loan, please get in touch with us today. You may end up with an extra $1000 to $5000 in your pocket. If you have questions concerning this, fill out the form on our blog and let us chat with you today. We would be glad to answer several of your questions and help you figure out if you meet the requirements for any of these incentives. We look forward to speaking with you soon.
Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona
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