How Much Debt Can I Erase With A Chicago Short Sale?

Posted on January 21st, 2011 in All Articles, Short Selling/Buying.

Chicago IL – We often get asked that question. Some people think that since they are walking away from a large upside down mortgage, then the bank won’t approve it.

That usually isn’t true. I wanted to put together a few examples of people the Stop Foreclosure Institute has helped with a short sale.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

That way you can get a good idea of exactly how much debt you can erase with a short sale. Check out some of the examples below.

$79,000 In Upside Down Debt Erased thru a short sale.

$427,000 In Upside Down Debt Erased thru a short sale.

$103,000 In Upside Down Debt Erased thru a short sale.

$76,000 In Upside Down Debt Erased thru a short sale.

$187,000 In Upside Down Debt Erased thru a short sale.

$69,000 In Upside Down Debt Erased thru a short sale.

Thinking about a short sale? I can help you short sale your property and never pay the bank another penny. Send me an e-mail at phil@teambrealty.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

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

Remember to visit my Chicago short sale blog for great information and tips on short selling in Chicagoland www.ShortSaleSuperMan.com

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, Phil Buoscio.

Phil is a Real Estate Agent at http://shortsaleagentadvocate.com/. Chicago Short Sales Realtor:

Phone: (312) 953-6725. phil@teambrealty.com.

View My homes for sale at www.BetterLivingRealty.com.

Phil Buoscio, is a broker with Better Living Realty he leads the sales team “Phil Buoscio Team” and specializes in short sales in Chicago Illinois. Chicago Loan Modification Help can be referred to you. We don’t do loan modifications ourselves but we work with those who do.

We know Chicago Short Sales. I am a Chicago Short Sale Realtor. Chicagoland Short Sale Realtor. Chicago IL Short Sales. Chicago Realtor. We do business in Pilsen. McKinley Park. Bridgeport. Wicker Park. West Town. Ukranian Village. Lincoln Park. Near North. River North. East Village. Logan Square. Uptown. Edison Park. Portage Park. Hermosa. Lincoln Park, South Loop, West Loop. Bronzeville. Hyde Park. Kenwood. Oak Park. Brookfield. Cicero. Berwyn. Evanston. LaGrange. LaGrange Park. Riverside. We sell condos, single family homes, lots, land, multi units, two flats, three flats, etc.

Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved. 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. The views expressed here are Phil Buoscio’s personal views and do not reflect the views of http://shortsaleagentadvocate.com/.

This information on How Much Debt Can I Erase With A Chicago Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.