Hello everybody my name is Matt Fetick with Sold By Short Sale, Philadelphia’s main short sale specialist, thank you for your time today. I work with distressed property homeowners in the Philadelphia region day by day and use this weblog to share valuable information on all of your options for avoiding foreclosure. In case your mortgage is underwater or if you’re already contemplating a short sale please browse my web site or call my workplace in the present day to chat with an experienced agent who is ready to help.

For my blog at this time I wish to answer a question I hear from many Philadelphia householders when meeting for the first time. Often occasions a short sale appears too good to be true and owners are curious as to why a bank would permit someone to complete a short sale. Simply put banks are in the business of lending and creating wealth not owning distressed properties. Your lender realizes that a residence requires plenty of repairs and month-to-month bills which it wants to keep away from paying while a foreclosed property sits empty. The short sale process additionally permits the lender to evaluate any present damages or issues with the house during the sale process instead of taking on those obligations themselves. A short sale can be your lenders best alternative to re-coup the most sum of money for your house compared to a foreclosure. While a short sale could appear too good to be true it’s a great option for you that your bank will doubtless support.

For more info or to get started on your short sale file fill out a contact form on my web site or call me directly today. On my website it’s also possible to find our Short Or Stay Calculator that can help you decide if a short sale is right for you. Thank you for your time and I look forward to helping you in the future.

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.