New! Home Sellers: Make Money From Your Short Sale!

If you’re considering selling your home due to financial hardship, a short sale may just be the answer to your prayers. Your first step will be getting Leigh Brown, your short sale expert in Charlotte NC and short sale expert in Concord NC, on your side.

A very common question Leigh gets from short sale sellers is: “Will I get any money from selling my house as a short sale?’

Typically, the answer is ‘no.’ The main upside of selling your house as a short sale is avoiding foreclosure and bankruptcy, being able to qualify for a loan again sooner in life, and dispensing with those stressful monthly mortgage payments that you simply can’t afford right now.

However, many lenders are instituting new policies that DO allow sellers to profit just a little bit from their short sale.

Sometimes these financial incentives are only $1,000 or so, but sometimes they can go up to $30,000 or higher. If you’re in financial distress, that extra money in your pocket – and the lack of costly mortgage payment month after month after month – can be just what you need to get back on your feet.

Leigh Brown, short sale expert in Concord, Charlotte, and neighboring areas can help you determine whether or not you will qualify for this no-strings-attached short sale incentive.

Your first step will be contacting your mortgagor. Lenders such as Chase, Citimortgage, Wachovia, Bank of America, and more are all offering cash to their clients facing financial hardship for completing a short sale transaction. FHA loans may also be eligible. Sometimes they call it a “relocation fee,” but basically it’s a monetary perk designed to get you to sell your home via short sale so that you can avoid foreclosure and the bank can avoid dealing with bad debt.

Whether or not you qualify for an offer like this will depend on your loan specifics, so get in touch with Leigh Brown today to discuss whether your bank could be just waiting to give you $35,000 or more.