Hello, I’m Matt Fetick with SoldbyShortSale.com, Philadelphia’s leading short sale specialists. I need to share with you probably the most frequently asked questions on short sales and that’s; what does it cost? Folks wonder how they may pay for a short sale and pay the real estate agent if they cannot pay for their mortgage. How is every little thing going to get taken care of? Well, the easy, straightforward reply is your financial institution or mortgage company. They are the ones which can be going to need to pay for the entire thing.

You might wonder why they might even consider doing that. If the financial institution has to foreclose in your property, they will purchase it back at sheriff’s sale after which they’re going to hire a real estate agent to get it sold. So they will end up paying real estate commissions whether or not they pay it now in the short sale or whether they pay it in the foreclosure later.

If our staff at SoldbyShortSale.com we don’t charge any negotiation fees. I do know that there are other parties out there that use third party negotiators they usually charge excessive fees. Sometimes they cost a whole lot or 1000’s of dollars, or even percentages of the real estate sale. I do not believe in that. I imagine that the real estate commission that we can earn from your lender is greater than sufficient to compensate us for the time it takes for us to negotiate the short sale. Certainly it takes us more time to negotiate the short sale than a conventional sale, I know, however in this market and on this time we’ve got to hunker down and do what is finest for our clients. As a result of we do that and since we are dedicated to that we will get the homes sold and that compensation for us is greater than enough.

When you have unpaid taxes and liens and HOA fees or if you wish to know more concerning the short sale process and who is going to pay what, give us a call. Again, I’m Matt Fetick with SoldbyShortSale.com, Philadelphia’s leading short sale team and we’re here to help. Myself or our short sale supervisor Kevin can be happy to have an over the phone or in person meeting with you to discuss your present state of affairs and let you understand how we would be capable of help and who’s going to pay what. Visit our web site at SoldbyShortSale.com, click on for more information and we’ll be pleased to talk to you. Thanks and we look forward to hearing from you.

For more information on short sales and how to avoid foreclosure, visit the Sold By Short Sale blog or you can also contact the Matt Fetick team and get started today.