Short Sale Information in Visalia - Short Sale Agent Specialist in Visalia, CA

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Short Sale Questions and Answers Short Sale Information in Visalia OR Call NOW [removed phone] FREE Report Short Sale Questions and AnswersWhat is a Short Sale?A short sale in real estate is a special sale of a home where the lender is paid an amount that is LESS than the current mortgage balance owed on the home. This can only be done when the lender agrees to the lower sale price when the seller proves a hardship has created the need for this arrangement.Who qualifies for a Short Sale?Generally a Short Sale is granted by the lender to homeowners who have experienced a financial hardship that prevents them from continuing to pay on the mortgage. Rather than foreclose on the home, which is a huge expense to the lender and very devastating to the homeowner's credit, a Short Sale may be done instead.Some of the common hardships that lead to a Short Sale are: loss of a job; a serious illness; divorce; financial stresses from liens or delinquent taxes; or even the death of a spouse or loved one.Will I receive any money at the closing of my home?Generally no, however a new program (HAFA) may allow the homeowner to receive $1,500 to be used for relocation expenses. As of November 30, 2009, the Home Affordable Foreclosure Alternatives Program can offer some assistance to help with moving costs.Who will pay the realtor?s commission and the seller?s closing cost?Your lender pays both the realtor fees and closing cost in order to avoid a more costly foreclosure.Is the seller responsible to pay any fees to Tulare County Short Sale Team if the home does foreclose?No. is only paid a commission when the house is sold.Would it be easier to let my home foreclose?What is the seller's advantage for doing a Short Sale?Will filing for Bankruptcy affect a short sale?Why do banks and lenders accept Short Sales?How long does a Short Sale take?What is needed from the seller to process a Short Sale?Get YOUR Complete Report and get all your questions answered - fill out form belowget Your free Report and get the Help You deserve...Short Sale Visalia InformationCALL NOW [removed phone] Short Sale Specialist In Visalia , Tulare CountyVisalia, Tulare, Exeter, Farmersville, Three Rivers, Porterville,free help with the short sale process and dealing with the bank and trustee sale - pre-foreclosure foreclosures , planning REOs and Short Sale department with your lender & bankShort Sale Specialist in Visalia - Information on short sales in Tulare County in the Central Valley, California