Hi, this is Kevin Barmann from SoldByShortSale.com and the short sale listing manager with the Matt Fetick Real Estate Team in Philadelphia. We’re one of the leading short sale and real estate teams in the Philadelphia area, so please reach out to us if you have any questions about avoiding a foreclosure on your home or want short sale information.

Last week I went to a seminar from a local mortgage company that’s going to start to offer incentives to clients to do short sales. We’re always doing our best to stay on top of market trends, but in addition to that, I would like everyone out there that is viewing this video to realize that it is important to read your mail. When your mortgage company is sending you information, it is essential to look at it and see what they might be offering you. If you have any questions about your bank’s incentive programs or if you want to find out more about what they could mean for you and your family, please call us at our office at 610.427.4420 or email us via our website SoldByShortSale.com.

If you are also questioning if a short sale is the best choice for you, or if you would like to know just how upside down your home is, you can use the Short Sale Calculator on our website. All you have to do to use this user-friendly tool is put in your property address, mortgage interest rate, monthly loan payment and remaining principal amount. From this, the calculator will let you know when your home will break even based on different rates of appreciation. It’ll also tell you just how much money it’ll cost to get you to this point. From this report you can find out whether or not a short sale is the answer or if you should stay in your home. Many homeowners in the Philadelphia area are taking advantage of this great tool, so, again, I’d like to encourage you to do so as well.

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.