We Can Help With Creative Solutions
Creative Real Estate Solutions to Distressed Property Problems There are alternative real estate solutions for those who want to avoid the pain of losing their house or need to sell their house quickly for any reason . While these solutions invariably involve selling the home or leasing it to a third party for cash or terms , it is important to realize that getting rid of property in this way is much better than waiting for the bank to come and grab it . If you simply sit back and wait for the bank to repossess your home, you will lose not only your home but also your credit ratings , which will make it difficult or even impossible for you to purchase another home in the near future. Short Sale A short sale is when the lender agrees for the homeowner to sell their property for less than what is still owed on the property. It is an alternative to foreclosure for homeowners who can no longer afford their mortgage, or it can also be used if your property is “unde...