Hello, I’m Matt Fetick with SoldByShortSale.com, your Philadelphia short sale specialists. If you happen to go to my website, SoldByShortSale.com typically, you recognize that I like to share as much data as I can about the short sale process. The one thing that I do not normally talk about is why I do short sales. Why did I choose to get into this line of business and why do I think it is important? This is what I wish to inform you; I really imagine that when individuals are upside down on their house, they owe extra money than what it is worth and they should sell, that a short sale is by far one of the best options and options out there.

There are other choices, but this is most likely one of many best. I actually consider in my heart that once we do a short sale that we are doing one of the best for 3 different people. We believe that that it is good for the homeowner to do a short sale. As a substitute of just strolling away, it means that you can take control and have ownership of the situation. For no matter purpose that you’ve gone behind on your mortgage, it lets you work out a solution that you and the financial institution can agree with. Moreover I think it’s good for you because I think there’s a clear decision concerning the unpaid balance on your mortgage. When you go to foreclosure, there isn’t a clear decision in regards to the unpaid balance. The threat of the mortgage company coming after you after the foreclosure and looking for that unpaid balance is no longer lingering out there.

Number , I believe short sales are good for the lender. Lenders will let you know they don’t want to foreclose. They are not in the business to own real estate. When a short sale is completed, it might probably save the lenders money.

Lastly, I feel that short sales are good for our community. They assist us defend values. If a home-owner walks away from their home and leaves it vacant, the foreclosure process might take from one to two years. Throughout that time, no one is sustaining the home and by the time the home really goes available on the market, the value of the house has in all probability dropped.

Once more, I am Matt Fetick with SoldByShortSale.com, your Philadelphia short sale specialist and I’m right here to help. My team and I are passionate and committed to doing short sales at a high level that’s profitable and it is a real win, win for everybody involved. If you would like more information about short sales and the way a short sale is perhaps right for you, please give me a call. Allow us to share with you the truth about short sales and why it would benefit you. Thanks and I look forward to speaking with you soon.

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.