A Common Chicago Short Sale Myth: I Can’t Short Sell My Home Because I Don’t Have Any Money To Pay The Realtor

A Common Chicago Short Sale Myth: I Can’t Short Sell My Home Because I Don’t Have Any Money To Pay The Realtor

Posted on June 26th, 2012 in All Articles.

Chicago IL – A number of myths have hurt the reputation of short sales. There is a common misconception that a short sale seller is unable to sell his house due to the inability to pay a realtor.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

You can short sell your home and it costs you zero out of pocket. How is that possible? Your bank will pay the realtor for you. Here is how it works.

A seller puts their home up for sale as a short sale. The realtor markets the home to buyers. A price is agreed upon between the seller and buyer.

The price is what the realtor determines would be acceptable to the mortgage company. The mortgage company would rather sell a house as a short sale instead of after foreclosure or bankruptcy.

They agree to pay all the selling costs and the realtor’s commission. The seller benefits from salvaging their credit and walking away from the debt.

The bottom line is that you can short sell your home whether or not you can pay for a realtor. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at myrealtorphil@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (312) 953-6725.  Or visit my Chicago short sale website to view hundreds of articles and information on Chicago short sales www.ShortSaleSuperMan.com

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Chicago loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, phillip buoscio.

phillip is a Real Estate Agent at Better Living Realty – Buoscio Brokerage, Inc.. Chicago Short Sales Realtor:

Phone: (312) 953-6725. myrealtorphil@gmail.com.

View My homes for sale at www.BetterLivingRealty.com. Learn more about Chicago short sales at www.ShortSaleSuperMan.com

Phil Buoscio specializes in loan modifications and short sales in Chicago Illinois. Chicago Loan Modification Help. Chicago Short Sales. Chicago Short Sale Realtor. Chicago IL Short Sales. Chicago Realtor.

Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

phillip buoscio, Better Living Realty – Buoscio Brokerage, Inc., and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are phillip’s personal views and do not reflect the views of Better Living Realty – Buoscio Brokerage, Inc..

This information on A Common Chicago Short Sale Myth: I Can’t Short Sell My Home Because I Don’t Have Any Money To Pay The Realtor is provided as a courtesy to our viewers to help them make informed decisions.