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                      Short Sales

 What is a Short Sale?

Simply put it's where the bank agrees to take less than what is owed for your home.

Are you two or even three or more house payments behind?

Are you at the point that you think their is just no way out?

Do you have a true hardship such as-laid off, divorce, or sickness.

If you do, you may be a perfect candidate for a short sale. Simply put a short sale is where the bank agrees to take less that what you owe for the home to get it sold. According to a home retention company that I work for it now cost between 30,000 to $40,000 to foreclose on your home. So if the bank has to foreclose they have the balance of your mortgage, plus they also have $40,000 invested in your home. It only makes sense that they would rather do a deed in lieu of foreclosure or a short sale rather than foreclose. It's better to loose a smaller amount up front than to loose a lot more by foreclosing. There is a lot of work that goes into a short sale, but short sales made up about 60% of my business last year and I know how to get them done. Their are Realtors now that have started companies just to do Short Sales and you must sign a contract with them and they are charging the buyer as much as $2,500 to do the short sale. Well, I have to look at myself in the mirror in the morning and it's not like you don't have enough problems. I have never charged extra to do a short sale and I never will. I get paid a commission at closing just like any other sale. I know that there are between 30 and 40 families a month that could use my services, because that's how many foreclosure's there are in Madison County every month, why would you let it be foreclosed on and have a foreclosure on your credit for 10 years, when you can do a short sale and possibly go back in 2 or 3 years and buy again. If you would like more information on short sales feel free to call Rusty at 859-582-6893 or e-mail me at  as their is no charge for the consultation and of coarse their is no obligation and you can rest assured that our consultation is private and no one will ever know that we have talked.


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