Dallas Short Sale Specialists
Everyone understands that the Dallas Housing market is super HOT right now! If you have been waiting for a sign, or a reason, to sell your house this is it. Join the chatter with hundreds of other homeowners taking the opportunity to make some money, or just relieve the stress of having a mortgage to jungle.
Selling a home in Dallas and the surrounding areas always includes some level of stress, regardless of the situation. A short sale can be a hassle; however Oyezz Real Estate makes the selling process stress-free for homeowners. Our agents have fought through the most difficult transactions, sharpened their negotiations skills, and are ready to handle your specific situation.
A popular strategy to avoid foreclosure and gain some control over the outcome is a short sale. This term is becoming well known to both sellers and buyers of Real Estate in the Dallas area, but the understanding of what it is exactly and how it works may not always be clear.
A short sale is an agreement with your lender to sell the house, and accept the sell price as a full payoff of the mortgage, even if it is less than the amount owed. Many homeowners tend to owe more on the mortgage than the house is worth due to missed payments. The payoff amount on a default loan may increase every single month due to late fees, property taxes, insurance, or attorney fees.
The short sale process, as well as obtaining a short sale agreement with your lender, is very complex and requires an experienced short sale specialist in the Dallas area to help. For more detailed information on the short sale process, contact us for a no obligation, no cost consultation at 972-342-0011.
Selling a home always include some level of stress, regardless of the situation. In today’s turbulent real estate market, the terms “foreclosure” and “short sale” has made confusion the new reality. In fact, statistics show that 1 out of 5 homes are “upside-down” or in a negative equity situation, where the value of the home is lower than the amount owed. Many homeowners looking to sell a house are left wondering, “Should I sell now?”, “Can I do a short sale?” or “Should I walk away and go into foreclosure?” Now, more than ever, the trustworthiness, knowledge and negotiation skill level of the realtor is the key to navigating the real estate market successfully, whether you reside in DFW or elsewhere. Options to Foreclosure:
The Benefits of a Short Sale Many homeowners in a distressed financial situation feel helpless and uncertain of where to turn for credible advice and assistance. It is important to know that there are options. One of the most appealing options is a short sale. With a short sale, homeowners can be proactive in managing the impact to their credit, manage finances and protect future purchasing ability. These are just a few of the benefits of a short sale versus a foreclosure. Short Sale Experts At Oyezz, we take the stress away from selling a home, regardless of whether you are struggling to make mortgage payments, or in a negative equity situation. We have successfully completed more short sales since January 2010 than any other realtor in North Texas, resulting in favorable outcomes for our clients.
We pride ourselves on providing outstanding service and diligently protecting the interests of homeowners with our expert negotiation skills.
A short sale is a sale of real property in which the proceeds from reselling the property are lower than the balance of the mortgage. In a Short Sale the mortgage loan holders agree to release their encumbrance on the home and approve the sale price as a total pay off of the mortgage loan. In a well negotiated Short Sale the shortage is waived and the mortgage lender release homeowners from their obligations to pay off any shortfalls regarding the home loans.
A short sale is normally utilized as an option to foreclosure since it minimizes additional fees along with costs to both the financial institution and borrower.
When analyzing a foreclosure vs. short sale, a short sale will likely typically be a more desirable scenario for both the homeowner and lender/bank. It minimizes the loss for creditors and minimizes the negative consequences to the property owner.
We service the entire Dallas area including the following cities:
Options to Foreclosure: The Benefits of a Short Sale
Many homeowners in Dallas, TX may feel lost and confused about where to turn for trustworthy advice and reliable assistance. It is important to know that there are options. One of the best option is a short sale. With a short sale, property owners can take positive steps in managing the impact to their credit, finances and future purchasing ability…and these are just a few of the benefits of a short sale versus a foreclosure. Helping DFW homeowners have successful outcomes regardless of the situation is what Oyezz Real Estate is all about!
Short Sale Experts
At Oyezz, we take care of the entire selling process, regardless of your current situation. We have successfully completed more short sales than any other Realtor in Dallas. We pride ourselves on providing outstanding service and making the short sale process simple for our clients.
If you are still questioning “What is a short sale” or interested in the “short sale process,” our short sale team is available to answer questions and provide solutions to avoid foreclosure.