Will my neighbors find out that I am short selling my house?

Posted on October 12th, 2010 in All Articles.

Chicago IL – Many of the people we help are concerned that their neighbors will find out about the short sale. No one wants their dirty laundry put out for the entire neighborhood to see.

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

Here is what we do when a customer has a concern with that. First, we will make sure that everything your neighbors see does not say “short sale” on it. The sign will look like all the other for sale signs in town.

Your neighbors will simply think that you are selling your house. The for sale sign will not say “foreclosure” on it. Neither will any real estate website say “short sale” or “foreclosure” on it.

We won’t discuss it with the neighbors or tell them what is happening. After all, your privacy is important to us. We know this because of our work with other families facing financial difficulty.

With a short sale, you will be able to get your life back on track. Many people are relieved after the process is complete. They no longer have to live their life in uncertainty.

They can stop thinking about, “When is the sheriff going to come and kick me out”, or “Will I ever be able to buy another home.” They can stop worrying about how to pay back the money for their upside down house.”

Fortunately all of those are taken care of with a short sale. After a short sale you are eligible to buy another home in as little as 2 years. In addition, in most cases all of the upside down debt will be wiped out.

The lenders know people do not short sale unless they are having financial problems. They are willing to forgive the debt because a short sale reduces their losses.

The short sale process usually takes 3-6 months to complete. We will update you on when you need to move. Once we let you know that the short sale has been approved, you will have about 30-45 days to move to a new place.

If you have questions about the short sale process, then please 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. If you prefer, then 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 frequently for great short sale tips and advice www.Chicago-ShortSaleBlog.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 lender. Click here to request a copy.

Thanks for reading this, Phil Buoscio.

Phil is a Real Estate Agent at Better Living Realty – Buoscio Brokerage, Inc..

Phone: (312) 953-6725. myrealtorphil@gmail.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 Buoscio’s personal views and do not reflect the views of Better Living Realty – Buoscio Brokerage, Inc.. This information on will my neighbors find out that I am short selling my house is provided as a courtesy to our viewers to help them make informed decisions.