Do I Have To Pay Money Out Of Pocket On My Short Sale?
Author: admin / Category: Properties DirectoryHello, I am Kevin Kudrna with Integrity Team Short Sales at Keller William’s Realty. Thank you for visiting us today; we are Colorado Springs’s experts in shorts sales and helping you find alternative solutions to foreclosure. Currently the real estate market is very tumultuous and we do not want you to navigate it alone; we are here to educate you and inform you so that you can make the best financial choice regarding your house.
Today I want to talk to you specifically about whether or not you have to pay commission, closing costs or any other sorts of fees when short selling your home. If you are in foreclosure, or you’re in a situation where you believe you may need to short sell your home because you owe more than what it is presently worth, the last thing you need to worry about is paying my commissions, paying your closing costs or paying for the buyer’s closing costs. The good news with doing a short sale is that you do not have to pay any of that!
Your short sale is essentially free to you. Commissions and closing costs for you are paid for by the bank; if the buyer requests you pay their closing costs, the lienholder will generally pay for these as well. Integrity Team Short Sales will not charge you any fees at any time, so if your distress with doing a short sale was that you would need to present some money out of pocket, there is no need to worry.
Please feel free to talk to us directly, or fill out the contact form on our website if you have any extra questions regarding short sales or if you would like to discuss your specific financial situation. Integrity Team Short Sales is here to help you find alternative options to foreclosure and aid you in short selling your property, so please call us today.
For more information on short sales and how to avoid foreclosure, visit the Integrity Team Short Sales blog or you can also contact Kevin Kudrna’s team and get started today.