How to setup a short sale to avoid foreclosure at your home
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No one wants to face a foreclosure, but the situation can arrive in one’s life when he would need to face it. Here are some tips to set-up a short sale to avoid foreclosure.

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How to setup a short sale to avoid foreclosure at your home
How to Setup a Short Sale to Avoid Foreclosure at Your Home

By: Homestead RoadA Leading House Buyer Since 2006


Know the requirements and get prepared
Know the requirements and get prepared

The first step is getting

familiar with the

requirements that make

your home eligible for a

short sale.

By: Homestead RoadA Leading House Buyer Since 2006


Contact your lender
Contact your lender

Once you are sure that

you meet all requirements,

contact your money lender

and notify him about the

short sale. Chances are

there that he will offer you

the alternatives.

By: Homestead RoadA Leading House Buyer Since 2006


Hire a real estate agent
Hire a real estate agent

Now, This is time to hire a

real estate agent who

would have experience in

the short sales. Ask him for

the tips to prepare your

home for short sale.

By: Homestead RoadA Leading House Buyer Since 2006


Inform your lender about the offer you get
Inform your lender about the offer you get

contact your lender

when you receive an

offer. He will conduct

the valuation and

appraisal for

determining the right

price of the house

By: Homestead RoadA Leading House Buyer Since 2006


Get final approval from your lender
Get final approval from your lender

Once all the parties- the

lender, the buyer and you

agree on a price, get the

final approval from your

lender to sell the house.

The lender can take a 30

days period for approving

or denying the approval

By: Homestead RoadA Leading House Buyer Since 2006


What homestead road do
What Homestead Road Do?

By: Homestead RoadA Leading House Buyer Since 2006


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