Want More information about a Short sale?
How does a bank benefit from a short sale?
Banks are in business to make money off of their money, not own homes. By selling and accepting less than owed is still more than auction prices will produce.
So why would a bank want to accept less?
One reason is foreclosures are costly. It costs the banks quite a bit to proceed with a foreclosure. The banks know they will only get the fair market price at best, anywhere. So why spend even more of their losses foreclosing on a property that they can accept a short sale on? Exactly! Short sale means a higher net to the bank.
Another reason is by listing your home for sale, the bank gets a licensed Realtor to actively market your home and bring in the highest and best offers. This clearly brings in more offers at higher prices than auctioning at the court house.
In a nut shell this is how the Thomas Davis Group can help YOU!!
-
*Our services are completely free to all home owners, your lender pays our fees, as well as ALL traditional sellers closing costs!
-
*We will work to get you fully forgiven of your debt, regardless of what you owe on your home
-
*You do not always have to be in Default or foreclosure to work a short sale
-
*We are NOT investors, we are state licensed and regulated real estate agents, who are here to serve your best intersts.
-
*It is usally in your lenders best interests to accept a lower amount than you owe, as foreclosure proceedings cost an average of $58,000 for a lender.
If you are in financial hardship and must get your home sold, we would like to discuss your circumstances with you to see if you qualify for one. It is not always the best option. Contact us today for a free, confidential, no obligation consultation! Just fill out the form to the right and a Thomas Davis Group Realty Short Sale Specialist will contact you promply.
IMPORTANT NOTICE:THOMAS DAVIS GROUP REALTY IS NOT ASSOCIATED WITH THE GOVERNMENT, AND OUR COMPLIMENTARY SHORT-SALE NEGOTIATION, IF NEEDED, IS NOT APPROVED BY THE GOVERNMENT OR YOUR LENDER. EVEN IF YOU ACCEPT THIS OFFER AND USE OUR COMPLIMENTARY SERVICE, YOUR LENDER MAY NOT AGREE TO CHNAGE YOUR LOAN. IF YOU STOP MAKING PAYMENTS ON YOUR MORTGAGE, YOU COULD LOSE YOUR HOME AND DAMAGE YOUR CREDIT RATING.
Thomas Davis Group Realty 480-361-5012
3800 S. Alma School Rd #109, Chandler AZ 85249