At Summit Short Sales, our mission is to prevent foreclosures by explaining homeowners’
rights, assisting them with their paperwork and, most importantly, negotiating with
lenders.
A short sale negotiation can be very difficult and stressful
for the homeowner especially if you are behind in payments and your financial situation
does not allow you to get caught up. Using a professional loss mitigation company
can be extremely helpful, as we do your mediation for you allowing you to rest easy.
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Short Sale Basics
A short sale happens when a lender agrees to accept less than the amount owed against
the home because there is not enough equity to sell and pay all costs associated
with the sell. Not all lenders are willing to negotiate with the homeowner on a
short sale. This is why a professional loss mitigation specialist, like Summit Short
Sales, can be a tremendous help. A short sale can be a difficult process for individuals
who do not have expertise in dealing with lenders. An individual cannot simply decide
one day that they want to do a short sale. Many things are considered by the lender
in order to approve a short sale. Summit Short Sales will work with the lender’s
loss mitigation department and walk you through the entire process.
Why Use Summit Short Sales?
Summit Short Sales provides our customers with over 50 years of collective expertise
in short sales. Our flat fee structure is straightforward with no surprises. We
are not trying to profit from the sale of your home. Our fees are for our services
only! Our goal is to prevent foreclosures and use our numerous relationships with
lenders to create an approved short sale so your realtor can sell your home quickly.
Many lenders can take up to 2-3 months to approve a short sale. Due to our long-term
working relationships with lenders, we can cut this down to 3-4 weeks in most cases.
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