Short Sale FAQ's-Can I receive cash from a Short Sale?

Short Sale FAQ's-Can I receive cash from a Short Sale? No, Home Short Sales are only designed to get you out of your mortgage debt rather than going through the entire foreclosure process. It is not a refinance option and you will be vacating the property, as you would, if you were going through foreclosure.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-How Much Will I pay To Sell My Home

Short Sale FAQ's-How Much Will I pay To Sell My Home-If I do aShort Sale, how much will I have to pay to sell my home? In most cases, you will not pay any sales costs if your Lender approves the Short Sale. All commissions, title and escrow fees, and some repair expenses are paid by the Lender, Investor or Mortgage Insurance company, if applicable, as part of the Short Sale approval.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure foreclosure and how your options will affect your credit, including Short Sellingyour home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-Property In Rough Shape, Can I Still Short Sale?

Short Sale FAQ's-Property In Rough Shape, Can I Still Short Sale?-My property is in rough shape and needs work; can I still do a Short Sale? Absolutely, Lenders often take into consideration repair costs, as a factor, when determining whether to approve a Home Short Sale offer.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Process of Short Sale | What is the Process for Short Selling a Home?

Process of Short Sale | What is the Process for Short Selling a Home? Before you consider entertaining a short sale you must first Determine if you Qualify for A Short Sale by asking yourself Do I pass the Hard Ship Test?

Here are just a few examples of Hardship.

• Loss of Job
• Becoming disabled
• Divorce

• Death of a spouse

Click here to learn more about Hardship For Short sale

Next Steps...

If you believe you pass the Hardship Test, it is most likely time to proceed with the Process of a short Sale.

It is now time to contact Us and we will quickly be able to confirm if indeed you qualify for a Short Sale. Once that is established, we will begin the Listing Process and guide you through the following steps:

• Put your Hardship Letter together
• Give us (your agent) Permission to Contact your lender to negotiate on your behalf and determine what you owe to date.
• After we determine the market value we will set a listing price and your home will be listed and Marketed on the MLS.
• Once Offer is Received and you have approved the offer, we will negotiate with your lender for their approval of the Short Sale
• Once Short Sale is approved by lender, escrow process begins
• After all parties meet their obligations escrow is closed and short sale is successfully closed.
• Start rebuilding your life and credit!

What you can and should do now if you think you are going to short sale:

• Gather Financial Documentation including: Tax statements, paycheck stubs, medical bills, mortgage statements and anything you think you will need to support your Hardship case.

• Contact Legal, Tax and Financial Professionals for their advise on how the short sale will

What are your other options? Click Here to find out more options.

If you think or believe you qualify for a short sale and are ready to take the next step please contact us immediately. There is no fee for a consultation.

You may contact us by clicking HERE

Or Calling

1-877-636-0444

Or Email us at getinthehouse@gmail.com

And on a more personal note: We have personally had friends and family experience hardship and have to Short Sale their homes. It is not an easy decision but once the process is over there is such a feeling of freedom that will allow you to have a more productive life and eventually be able to enjoy home ownership again if you choose to do so. Before you do anything else, let go of any negative judgment you have about your situation. We all experience challenges in life. Many of the worlds most successful people have had much larger challenges than you are probably going through right now. Like them, you must detach emotionally and realize this is a business decision and indeed, this too shall pass!

Copyright © 2010 By Stephen Munson, Munson Realty|Process of Short Sale | *What is the Process for Short Selling a Home,Process of a short Sale

Short Sale FAQ's-Current on mortgage-Will Lender Accept Short Sale?

Short Sale FAQ's-Current on mortgage-Will Lender Accept Short Sale? I am current on my mortgage, so will my Lender consider a Short Sale? The answer is, maybe. Some Lenders will consider a Short Sale offer on mortgage loans that are not delinquent. Other lenders will not consider a Short Sale offer until the loan is delinquent. We will work with you to put your Short Sale offer together and submit it for approval (remember, there is no charge for this). That is the best way to determine if your Lender will accept a Short Sale offer on a loan that is current.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure foreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-What Hardships Do Lenders Consider Legitimate?

Short Sale FAQ's-What Hardships Do Lenders Consider Legitimate? To some extent, that will depend upon the Lender considering your Short Sale request. Below you will find a list of common “hardships” that may be accepted by Mortgage Servicers:

• Family illness or injury
• Job relocation
• Job loss or significant income loss
• Divorce or split of domestic partners
• Death of a spouse
• Adjustment in mortgage payment or unforeseen increase in living expenses
• Too much debt
• Military service

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-What Hardships Do Lenders Consider Legitimate?

Short Sale FAQ's-What Hardships Do Lenders Consider Legitimate? To some extent, that will depend upon the Lender considering your Short Sale request. Below you will find a list of common “hardships” that may be accepted by Mortgage Servicers:

• Family illness or injury
• Job relocation
• Job loss or significant income loss
• Divorce or split of domestic partners
• Death of a spouse
• Adjustment in mortgage payment or unforeseen increase in living expenses
• Too much debt
• Military service

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure foreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-Why Would My Lender Accept Less?

Short Sale FAQ's-Why would my lender accept less than what is owed on my mortgage? Lenders are in business to lend money, not to own real estate. They do not want the expense of the foreclosure process and/or the holding and maintaining of the property if it does not sell at foreclosure. The foreclosure process is very expensive and time consuming, so many lenders will agree to what seems a loss on the mortgage when they will actually save money by not completing the foreclosure and holding the property in their portfolio.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoid foreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-Can I receive cash from a Short Sale?

Short Sale FAQ's-Can I receive cash from a Short Sale? No, Home Short Sales are only designed to get you out of your mortgage debt rather than going through the entire foreclosure process. It is not a refinance option and you will be vacating the property, as you would, if you were going through foreclosure.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?

Short Sale FAQ's-What Is a Home Short Sale?

Short Sale FAQ's-What is a Short Sale? A Home Short Sales is the sale of a home when the net proceeds do not fully pay off the existing mortgage loan(s) and the Lender is willing to accept a discounted payoff. The closing costs that are typically paid by the Seller are paid out of the proceeds from the sale, including but not limited to, commissions, escrow and title fees and any negotiated Buyer’s cost. Your home is sold and you avoid foreclosure.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoid foreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-What Is a Home Short Sale?

Short Sale FAQ's-What is a Short Sale? A Home Short Sales is the sale of a home when the net proceeds do not fully pay off the existing mortgage loan(s) and the Lender is willing to accept a discounted payoff. The closing costs that are typically paid by the Seller are paid out of the proceeds from the sale, including but not limited to, commissions, escrow and title fees and any negotiated Buyer’s cost. Your home is sold and you avoid foreclosure.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoid foreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-Can I receive cash from a Short Sale?

Short Sale FAQ's-Can I receive cash from a Short Sale? No, Home Short Sales are only designed to get you out of your mortgage debt rather than going through the entire foreclosure process. It is not a refinance option and you will be vacating the property, as you would, if you were going through foreclosure.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-How Much Will I pay To Sell My Home

Short Sale FAQ's-How Much Will I pay To Sell My Home-If I do aShort Sale, how much will I have to pay to sell my home? In most cases, you will not pay any sales costs if your Lender approves the Short Sale. All commissions, title and escrow fees, and some repair expenses are paid by the Lender, Investor or Mortgage Insurance company, if applicable, as part of the Short Sale approval.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure foreclosure and how your options will affect your credit, including Short Sellingyour home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-Property In Rough Shape, Can I Still Short Sale?

Short Sale FAQ's-Property In Rough Shape, Can I Still Short Sale?-My property is in rough shape and needs work; can I still do a Short Sale? Absolutely, Lenders often take into consideration repair costs, as a factor, when determining whether to approve a Home Short Sale offer.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Process of Short Sale | What is the Process for Short Selling a Home?

Process of Short Sale | What is the Process for Short Selling a Home? Before you consider entertaining a short sale you must first Determine if you Qualify for A Short Sale by asking yourself Do I pass the Hard Ship Test?

Here are just a few examples of Hardship.

• Loss of Job
• Becoming disabled
• Divorce

• Death of a spouse

Click here to learn more about Hardship For Short sale

Next Steps...

If you believe you pass the Hardship Test, it is most likely time to proceed with the Process of a short Sale.

It is now time to contact Us and we will quickly be able to confirm if indeed you qualify for a Short Sale. Once that is established, we will begin the Listing Process and guide you through the following steps:

• Put your Hardship Letter together
• Give us (your agent) Permission to Contact your lender to negotiate on your behalf and determine what you owe to date.
• After we determine the market value we will set a listing price and your home will be listed and Marketed on the MLS.
• Once Offer is Received and you have approved the offer, we will negotiate with your lender for their approval of the Short Sale
• Once Short Sale is approved by lender, escrow process begins
• After all parties meet their obligations escrow is closed and short sale is successfully closed.
• Start rebuilding your life and credit!

What you can and should do now if you think you are going to short sale:

• Gather Financial Documentation including: Tax statements, paycheck stubs, medical bills, mortgage statements and anything you think you will need to support your Hardship case.

• Contact Legal, Tax and Financial Professionals for their advise on how the short sale will

What are your other options? Click Here to find out more options.

If you think or believe you qualify for a short sale and are ready to take the next step please contact us immediately. There is no fee for a consultation.

You may contact us by clicking HERE

Or Calling

1-877-636-0444

Or Email us at getinthehouse@gmail.com

And on a more personal note: We have personally had friends and family experience hardship and have to Short Sale their homes. It is not an easy decision but once the process is over there is such a feeling of freedom that will allow you to have a more productive life and eventually be able to enjoy home ownership again if you choose to do so. Before you do anything else, let go of any negative judgment you have about your situation. We all experience challenges in life. Many of the worlds most successful people have had much larger challenges than you are probably going through right now. Like them, you must detach emotionally and realize this is a business decision and indeed, this too shall pass!

Copyright © 2010 By Stephen Munson, Munson Realty|Process of Short Sale | *What is the Process for Short Selling a Home,Process of a short Sale

Short Sale FAQ's-Current on mortgage-Will Lender Accept Short Sale?

Short Sale FAQ's-Current on mortgage-Will Lender Accept Short Sale? I am current on my mortgage, so will my Lender consider a Short Sale? The answer is, maybe. Some Lenders will consider a Short Sale offer on mortgage loans that are not delinquent. Other lenders will not consider a Short Sale offer until the loan is delinquent. We will work with you to put your Short Sale offer together and submit it for approval (remember, there is no charge for this). That is the best way to determine if your Lender will accept a Short Sale offer on a loan that is current.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure foreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-What Hardships Do Lenders Consider Legitimate?

Short Sale FAQ's-What Hardships Do Lenders Consider Legitimate? To some extent, that will depend upon the Lender considering your Short Sale request. Below you will find a list of common “hardships” that may be accepted by Mortgage Servicers:

• Family illness or injury
• Job relocation
• Job loss or significant income loss
• Divorce or split of domestic partners
• Death of a spouse
• Adjustment in mortgage payment or unforeseen increase in living expenses
• Too much debt
• Military service

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

Short Sale FAQ's-Short Sale FAQ's-Can I Deed My Property To Someone Else?

Short Sale FAQ's-Can I simply deed my property to someone else and avoid the hassle? Deeding your property to someone without paying off the mortgage loan does not forgive you of the debt, and the property is still encumbered by a lien. Always check with your attorney to verify all the options available to you

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure oreclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*

What is HFA? Home Foreclosure Alternatives (HFA) is a source for distressed homeowners facing possible foreclosure to find out what their alternatives to foreclosure are.

There is a really good chance that you or someone you know may be facing foreclosure. Approximately 1 in 7 homeowners aren’t’ making their payment and many more are facing that problem very soon.

The Goal of HFA is to answer your questions and hopefully provide you with Alternatives to foreclosure so you can make the best choice for you.

We’ve all had friends and family faced with the idea of losing a home and we know just how overwhelming it can be. It is essential for you to have all the facts necessary to make an informed decision.

Learn More about:

What Is A Short Sale?

Process Of A Short Sale

The Truth About Loan Modifications

Short Sale Alternatives

The Difference Between A Short Sale & Foreclosure

Shor Sale FAQ's

Please take as much time as you need here today and learn as much as you can about your options. And of course, if you would like to speak to someone directly, please call us at 877-431-4432 (4HFA)

Copyright © 2011 By HFA|Home Foreclosure Alternatives Stephen Munson-Munson Realty Southern California Real Estate –