Oftentimes the last ditch option to save a house from foreclosure is to do a “short sale”, where the bank allows the house to be sold for less than what the loan balance is. This is a technique that we specialize in.
If you are facing foreclosure and have no other options left, call us at 205-390-1050 to see how we can help you avoid foreclosure and the damage that it will do to your credit.
Short sales can take varying amounts of time to complete. Fortunately, if you are facing foreclosure from Bank of America, they are implementing changes that may speed the process up to less than three weeks. They are streamlining their document requirements, along with the way the documents are processed, in order to reach their decisions as quickly as possible.
Other banks are taking similar steps as well, so this bodes well. Fortunately, we are able to negotiate with ALL banks and lending institutions, in addition to any other type of creditor (including the IRS) that may have attached a lien on your property.
With short sales, as with everything we do, we buy your house as-is so you do not have to do any fix up. Call us at 205-390-1050 or log on to www.WeBuyBham.com as soon as possible to discuss your options.