Top 5 reasons to consider selling short your home

First of all, simply put, a short sale is when your want to sell your home but owe the bank more than it will sell for.  Hence you will be short the funds needed to pay off the loan.  If you have extra cash you can pay out of pocket the difference at the close of escrow and complete the transaction, otherwise you will need the banks approval to "forgive" the difference.  If you owe more on your home then its worth and want or need to sell, there are several reasons why a short sale may be a good decision.

1. STRESS 

2. FREEDOM 

3. OPPORTUNITY

4. IT'S A WIN WIN

5. NEW START

It can be very stressful owing $50,000, $100,000 or more than your home is worth and feeling trapped.  By completing a bank approved short sale you can walk away not owing the bank anything and be free of the stress.  The opportunity to get a bank approved short sale has never been better as the bank would much rather approve a short sale than have the home go into foreclosure where the bank will lose even more money.  So a short sale can be a win for the bank as well as you.  If you have a home in the Fresno area that you owe more to the bank than it is worth, contact us today to discuss.  Did I mention the bank pays for all the Realtor commissions?