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Short Selling Your Northeast OH House? Why Not Get Out Of Debt At The Same Time?

Northeast OH – A short sale is the best option to erase upside down mortgage debt. A homeowner can often erase hundreds of thousands of dollars in debt.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

I assume that you are looking to short sale for the following reasons.

1. Debt Reduction. You want to short sale and wipe out the upside down debt. You can’t afford or don’t want to repay the upside down debt.

2. You are willing to suffer the resulting credit damage a short sale will bring. Part of your rational is that the credit damage will be well worth the resulting reduction in debt.

If you are going to suffer the credit damage, then you might as well wipe out the rest of your debt at the same time. Make sense?

Here are a few debts you can erase at the same time when you are short selling your house.

* Credit card debts. You can often re-negotiate better terms on your credit card debts. An interest rate reduction from 18% to 10% will make a huge difference on your monthly payments.

You can even just go “cold turkey” on these debts and just stop paying them at all. Many of them will settle with you for as low as 50% of the balance owed.

If you wait for 6 months, then you can sometimes settle for even less than 50%.

* Car loans. Many people have been able to negotiate a lower interest rate on their car loans. This results in a lower monthly payment.

* Other unsecured loans. You can re-negotiate better terms with these lenders or just stop paying them altogether. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at iandymorris@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (440) 348-5500

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Northeast OH loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Andy Morris.

Andy is a Real Estate Broker at Realty Trust Services.

Phone: (440) 348-5500. iandymorris@gmail.com.

View My homes for sale at www.rtserve.com.

Andy Morris specializes in loan modification assistance and short sales in Northeast OH. Northeast OH Modification Help, Northeast OH Short Sales, Northeast OH Short Sale Realtor, Northeast OH Short Sales. Northeast OH Realtor, Northeast OH Stop Foreclosure, Northeast OH Foreclosure Prevention, Prevent Foreclosure Northeast OH, Northeast OH Foreclosure Defense, Northeast OH behind in Payments.

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