Sell Your Home
When you are behind on your Boise area mortgage, or thinking about missing a payment, there is no “one-size-fits-all” solution. And your options diminish with each day that goes by.
Simply put, these are your options:
- Loan modification
- Short sale
- Do nothing and let your mortgage go to foreclosure
Your situation is unique; the same lender on a similar home can be harder or easier to deal with depending on the negotiator.
If at any time you decide a short sale is not the best option for you we will stop the process. (We have had a few sellers that intended to short sale but the bank required a large promissory note deficiency notice that was not in the best interest for them to sign.) While it is not very common, it does happen and we will not push you to accept any deal from your lender. In that situation we cancel the real estate transaction (at no cost or obligation to you) and move forward in a new direction.
We will schedule a time to meet with you in person to fill out the listing agreement, take a few photos of the house, etc.
This short sale process includes the Premier Listing Marketing Plan to get your Home SOLD!
Jaime Patocka will contact you discuss the do’s and don’ts of communicating with your lender. She will “hold your hand” and help you gather the list of documentation needed to start. The homeowner can either email, fax, mail, or drop off these documents.
The house is placed on the Idaho MLS and other web portals, and viewings of the home will be scheduled for potential buyers. (A home is typically viewed in no more than 15 minutes, and is always held with a licensed Idaho Real Estate Agent). The goal is to get an acceptable offer quickly so the viewing will stop and the negotiating with your lender can begin. These viewings can be scheduled with the homeowner, but the homeowner does not need be present at the property. This is predetermined between the homeowner and the agent before the Boise, Eagle or Meridian house goes on the market.
Once an offer is received, the offer is submitted to the bank. Jaime will follow up with the bank, collect all necessary documents, and ensure the file will move along. Without her constant follow up, the bank will lose or stop working on files. This process usually takes up to around 2-3 months.
Once the approval is received by the bank, escrow on the property must close, and the process is complete. The previous homeowner does not owe the bank anything, and a foreclosure is not reported on their credit.
Idaho Short Sale Service Can Help
We will take care of everything to short sell your Idaho home or property. We negotiate with the lenders, we market the property and we sell the Idaho property. You pay absolutely nothing; focus on your life instead of foreclosure. You can avoid an Idaho foreclosure on your Credit Report.
Call Idaho Short Sale Service today at 1-888-506-2234 and speak to a Boise short sale expert.
Email us today for more information: firstname.lastname@example.org