Avoid foreclosure | Kyle TX | Short Sales | Plum Creek Neighborhood | 2010 | Zip 78640
We're living in a world that has as much sustained financial instability as I think our country has ever experienced. While we've certainly had harder times in decades past, the length of time we've been in such a rut has got to be close to a record-breaker.
So, if you are like many other people who live in the Plum Creek Neighborhood in Kyle, TX, who are "upside down" in their single-family home — and you fear foreclosure is looming but don't know where to turn — there is hope.
I personally don't recommend paying too much attention to some of the solutions that sound too good to be true, because they probably are just that. Making the wrong decision can make it harder to avoid foreclosure.
But there are some real, helpful things that can be done, and many dire or hopeless situations have been turned around for the better. And the good news is, the state of Texas is a non-recourse state, so if we can get a lender to agree to take less money for your home then you owe, you will likely not have to pay the difference (between what you owe and what the bank takes as a payoff) back in the future.**
I am a Texas licensed real estate agent and a REALTOR(r) who is part of a team that has negotiated HUNDREDS of "short sales" with lenders. A short sale is best described as getting a lender to agree to take less than is owed on a mortgage note as payoff for the debt.
I offer people a free, no-obligation phone consultation to discuss the options available to help you avoid foreclosure — among them negotiating a short sale with your lender. Feel free to call me.
(** = It's important to realize that real estate agents are not attorneys or accountants, and the laws and statutes are changing all the time. Therefore, if you proceed with a short sale or any kind of pre-foreclosure system,consider consulting an attorney, accountant, or tax professional to discuss your own situation in detail.)