Milissa is now a Certified Distress Property Expert(CDPE)!
As a CDPE Milissa is now fully qualified to work with homeowners in
distress and discuss there options.
-Job Loss
-Payment went up due to Adjustable Rate Mortgage
-Job Transfer
-Divorce
-or any other financial crisis
If you, or anyone you know, can’t make their mortgage payments have them
go to www.ClarkCountyDistress.com or call Milissa at 360-600-1982 to
learn about their options.
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Free Report
If you are having trouble making your mortgage payments, the strain of
figuring out what to do can be overwhelming.
Why do it alone when you can have a dedicated, extensively trained
professional on your side at no cost to you?
Both lenders and the federal government are putting new systems in
place to help you avoid foreclosure.
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5 Steps for a Successful Short Sale
Lenders and the federal government, prompted by the sheer volume of loan modification and short sale requests, have overhauled their systems and programs, making the foreclosure avoidance process much easier than in the past.
If you are considering short selling your home to avoid the financial and emotional fallout of foreclosure, you should be aware of the five steps you should take to increase your chances of a successful transaction.
First, do you qualify? You must:
1. Have a verifiable hardship, like unemployment, medical bills, or relocation
2. Must have a monthly income shortfall
3. Be insolvent (you have no cash or assets that can be sold to pay down the mortgage), or headed towards insolvency
If you meet these qualifications, follow these five steps to a successful short sale:
1. Contact me so we can identify your servicer, fill out a short sale packet for the lender, and assemble all the required information needed to list your home for sale
2. Gather financial information (i.e., bank statements, pay stubs) from at least the last three months
3. Keep your house in showcase condition for showings, and make as many repairs as necessary and that you can afford
4. Expect the lender, junior lien holders, and private insurance companies to request more paperwork, and try to gather requested information quickly to ensure transaction efficiency
5. Set realistic expectations and work with me, the lender, and the buyer to the satisfaction and benefit of all parties involved