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Corporate Headquarters
1910 Smith St, North Providence, RI 02911
(800) 801-2052 (401) 437-8988
info@1stNationalRealty.us
“Specializing in Residential & Commercial Fair Market
Value, REO, & Short Sales throughout RI & MA."
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WHAT IS A SHORT SALE??
A short sale has nothing to do with the speed of a sale. Short sale simply means discount. A short sale means when a homeowner sells their home for a lower amount than what they owe on their mortgage.
Most of the time a homeowner is about to fall behind on their payments. They can no longer afford the mortgage payments for whatever reason. If they stop paying the mortgage, the bank will ultimately foreclose on the home.
Unfortunately, most people don't know they can still sell and escape a foreclosure. A foreclosure will stay on your credit for up to 7 years, and your credit score can go down as much as 200 points!
But if they sell it as a short sale, they avoid a foreclosure and salvage their credit that much more for the future. Most of the time the bank will also pay all closing costs including commissions, property taxes, and legal fees on the seller's behalf.
If you are falling behind on your payments, and your house is worth less than what you owe, then give us a call to see if you can qualify for a SHORT SALE...
We will do all we can to help you...
CALL (800) 801-2052
We are able to assist any homeowner facing foreclosure throughout the United States...
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1910 Smith St, North Providence, RI 02911
(800) 801-2052 - Toll Free - (401) 437-8988 - Office - (401) 437-8989 -Fax
info@1stNationalRealty.us
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