Oyezz Real Estate: Houston Short Sale Specialists
Selling a home in Houston and the surrounding areas always includes worry and anxiety, regardless of the situation. A short sale can be even more worrisome; however Oyezz makes the short sale process easy for homeowners in the Houston area. Statistics show that up to 1 out of 4 houses in the Houston area are in a negative equity situation, or the amount owed on the home loan is more than the house is worth. The upside-down condition may leave the homeowner wondering, “What do I do?” – A short sale is a viable solution.
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 following cities within the Houston metropolitan area:
A common strategy to avoid foreclosure and increase control over the lender is a short sale. The term, Short Sale, has become well known in real estate circles over the past decade to everyone involved in a Houston real estate transaction; however, what a short sale is and how it works can be difficult to fully understand.
What is a short sale?
Homeowners struggling with a difficult financial situation may ask, “What is a short sale” and “How will it help me?” In a short sale, your lender agrees to sell the house, and accept the sell price as a full payment of the mortgage, even if it is less than the amount owed.
The short sale process, including the short pay-off agreement with your mortgage company, is very complicated transaction and requires a short sale expert in the Houston area to assist the homeowner. For more detailed information on the short sale process, contact us for a no obligation, no cost consultation at 972-342-0011.
Options to Foreclosure: The Benefits of a Short Sale
Many homeowners in the Fort Worth area 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 options 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 make selling a house stress-free, regardless of whether you are in a negative equity situation or behind on mortgage payments. Our Short Sal experts have successfully completed more short sales than any other realtor in Houston. We take pride in our exceptional customer service and making the short sale process easy 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.