What are the advantages to short selling my property?

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I eat short sales for lunch!

short sale

Sit down and ask yourself, what are the true advantages to a short sale?  If you give me a few minutes of your time, I will give them to you. Prepare yourself the best way you can and give yourself the knowledge needed to make an educated and best decision for yourself!

What are the advantages to a short sale?

1.     Avoid foreclosure on your credit.

2.     Avoid potential bankruptcy, which is something you NEVER want!

3.     Avoid being evicted from your home. Who wants to be told to leave from their home?

4.     There’s less potential for a tax liability.

5.     It’s much easier to repair your credit after a short sale, which shortens the time before you qualify for new ownership.

6.     You can get out from underneath a depreciating asset. Who likes to be upside down in their home?

7.     Lenders customarily pay all closing costs in a short sale transaction, including commissions so…

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About Libbys' 411

Hello! I have been a Real Estate Broker for the Charlotte Metro and Lake Norman Area for 16 years. As a native of North Carolina I am able to share my knowledge of the area including business, housing market, recreation and great dining spots. Being a native of the area gives me the advantage of knowing many people. This is an advantage to both you and me! I get calls weekly from people that I know, looking to buy or sell their home or their land. I am unusually diverse in the area of Real Estate unlike many of my colleges, I also work with developers and builders as well as commercial leasing and land acquisition. Previous to being licensed as a Real Estate Broker I worked in the Real estate and Title Ins. Law field for 14 years. Having a Realtor with the amount of diverse and intimate knowledge of the total aspect of any Real estate transaction that I have is rare. I am waiting right now to help you. Thank you.

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