NEW HOME LOAN PROGRAM

 

The Short Sell & Buy Home Loan Program
is a loan program available to
current and future homeowners

who have lost significant equity in their current home

and have experienced an economic hardship.

To Short Sell,
 the existing bank or lender of the home mortgage
agrees to discount the loan balance on the home
 because of an economic or financial hardship
 on the part of the owner
.

These extenuating homeowner circumstances
 are usually related to the current real estate market
 and the borrower's financial situation.

A Short Sell is typically negotiated and executed
 to
 
prevent a home foreclosure
by your Realtor or by a skilled negotiator!

Our lenders can offer your homeowners

who are upside down with their mortgages

and who have suffered a hardship,

the opportunity to buy their next home just after they
Short Sell their current home!

We call it the
"Short Sell & Buy" Home Loan Program!

And its only for qualified homeowners,
but it can help continue the dream of home ownership.


UPDATE!

New Federal Guidelines published at the end of 2009,

state that the new home purchased must be

"inferior" to the one being short sold!

Call us ~ or have your Realtor contact us!