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DO YOU WANT OUT OF YOUR UPSIDE-DOWN MORTGAGE?
We offer a way out from under your mortgage and a way to avoid bankruptcy. First, remember that you’re not alone! Almost everyone who purchased or refinanced homes between 2004 and 2007 is underwater in their mortgage. Given the current economic situation, it may be increasingly difficult to pay your mortgage. Because there is no equity in the home and most likely will not be any for many years, many homeowners have simply walked away from their properties. Foreclosure is a bad thing for anyone because the deficiency does not go away. A deficiency judgment (the balance between what you owe and what funds the bank could get for the sale of your home, less their expenses) could take many years to pay off and may lead to bankruptcy. Because of the crisis in the financial markets, there is a window, right now, where many banks are anxious to accept a short sale (a sale for less than your mortgage balance) and potentially wipe your debt off their books. You would receive NO additional money from this sale, but would hopefully not have to pay back anything in the future!! A CLEAN BREAK..… Fantastic!
Our company specializes in “short sales” and helps people like you every day. What differentiates our company from other realtors is that we already have investors who desire to purchase the home once we have the short sale negotiated. I have enclosed a purchase contract that we will use to negotiate the short sale with complete satisfaction of the mortgage. Please do not be offended by the offer - these are the price levels that the lenders are willing to accept today. There must be room for our investor to resell and make a profit. If the lender accepts and agrees to the terms, you may be released! If you wish to stay in your home, there is the possibility of a short sale and lease back, in which you could stay in your home for up to a year and also have an opportunity to buy it back for much less than you currently owe. There are no costs or fees to you for this service and the bank will pay all of our real estate commissions. Call me today, and let us help you find a new start!
I look forward to working with you!
Eric Greenstein
Broker Associate
Tarpon Coast Realty
536 S. Orange Ave
Sarasota, FL 34236
941-366-0000 x201
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