Eagle Lake Short Sale Information

RE/MAX Exclusive Collection can help you sell your Eagle Lake home.  We do traditional sales and short sales in Eagle Lake.

If you have negative equity, a short sale is the ONLY way to sell your home without bringing thousands of dollars to the closing table to make up the different between what the home sells for and what the lender is owed.  If done correctly, a short sale can provide financial relief and stability to you and your family with minimal damage to your credit.  With virtually no drawbacks, the real question is why NOT short sale?

The primary short sale benefits are as follows:

• Cash incentives from your lender - you could qualify for $3,000 to $30,000 just for short selling your home
• Far less damage to your credit than bankruptcy or foreclosure
• You can short sale without missing any payments, or even if you're months behind on your mortgage
• You can short sale a property in ANY condition
• Anyone can qualify for a short sale
• A short sale approval letter that gives a full release is the only way to ensure that your lender won't come back later asking for the money you owe them

There's a chance that a short sale isn't the right option for you; every situation is different.  Perhaps you would be better off with a loan modification or deed-in-lieu of foreclosure, but in most cases, a short sale will be the key.  Contact us to discuss your options and let us help guide you in the right direction.