Short Sale/Default Consultation
Home Owner Solutions-Short Sales and Default
If you are challenged to continue to make your mortgage payments, and do not know what you should do next, consult with a WILMOTH professional to determine the best option for you.
Somebody allowed you to borrow more than the value of your home?
You just found out your home's value is less than the outstanding mortgage balance?
Today, these situations are common and nothing to be ashamed of. A short sale means the lender accepts less than the full amount owed to pay off your mortgage. There are many reasons this option should be considered instead of just assuming that you will lose your home to foreclosure. There are also some very important reasons you should not leave your short sale in the hands of the same Realtor you would use if you were not in this upside down position. The Wilmoth Group is knowledgeable in how the mortgage companies and servicers operate. That is why we are a trusted partner in working with them on their default properties. Do you want to leave this very serious situation in the hands of somebody who can't explain recourse versus non-recourse? Or a company that has been working with short sales and mortgage servicers since 1996?
Home Affordable Foreclosure Alternatives (HAFA)
This federal government plan encourages servicers to participate in short sales. This plan is in place now through December 31, 2012. To learn more, review our HAFA Frequently Asked Questions page or just request one of our trained agents contact you.
- Home Owner Solutions-Distress Sales
You represent an estate sale, been relocated, or another situation has made the ability to continue to make mortgage payments or the loss of equity a likely outcome. Talk to us about your options.