by bridgewayproperty

7 slides

Short Sale by Bridgeway Property Group.ppt

Published Aug 27, 2013 in Business & Management
Direct Link :

Short Sale by Bridgeway Property Group.ppt... Read more

Are you underwater on your house and owe more than it is worth? You are probably a good candidate for a short sale and we can help.

Read less


comments powered by Disqus

Presentation Slides & Transcript

Presentation Slides & Transcript

“We buy Houses Fast No Equity, No Problem”

Short Sale by Bridgeway Property GroupAre you underwater on your house and owe more than it is worth? You are probably a good candidate for a short sale and we can help.We partner with a law firm who negotiates and handles that process with your lender.This law firm, unlike most will represent you in the transaction. Typically your lender wants you to have representation because they don’t want to deal with you directly, and so your lender will pay our fees and the attorney’s fees.

To perform a short sale, you have to have 2 things:1) a hardship that can be proven as to the reason that you can no longer pay your mortgage and 2) a buyer. If you have those 2 things, your lender wants you to do a short sale and they may even pay you to do one. They don’t want your home on their books!

The steps to a short sale are:Continue to do whatever you have been doing – not paying your mortgage, paying your mortgage, living in the home, etc…Get your home listed ASAP to show the lender that you are serious about getting rid of the home and finding them a buyer (we can be the buyer) to take it off your hands.Clean up a little but only clean up, don’t spend money, as the lender does not like for you to do that.

Get an inspection from our inspector if there are repairs that the lender needs to know about so that we can send in a professional’s opinion of the condition.Take good photos to have presented to the lender.Start filling out your hardship package that our Attorney will prepare for you.Stop paying your mortgage or continue to pay – your choice. Depending on whom and what kind of mortgage you have, you may be required upon approval to be behind.

We can make a cash offer after it’s listed with our Agent who works with our Attorney regarding your short sale package.Wait for an approval – this can take up to 60 days.After we have approval, you will be closing within 25 days so you will need to move if you have not already.You will not have to attend the closing, they can do a mail-away or you can go in early and sign your portion.

Bridgeway Property GroupContact Today:4850 Sugarloaf Pkwy. Suite 209-247,Lawrenceville, Georgia 30044, USA‎Toll Free: 888-766-9998Phone: