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SHORT SALE MAKING THE PROCESS WORK FOR YOU WHAT AN OPPORTUNITY! Presented By FORNARO LAW 1022 S. LaGrange Road LaGrange IL 60525 (708) 639-4320

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Presentation on theme: "SHORT SALE MAKING THE PROCESS WORK FOR YOU WHAT AN OPPORTUNITY! Presented By FORNARO LAW 1022 S. LaGrange Road LaGrange IL 60525 (708) 639-4320"— Presentation transcript:

1 SHORT SALE MAKING THE PROCESS WORK FOR YOU WHAT AN OPPORTUNITY! Presented By FORNARO LAW 1022 S. LaGrange Road LaGrange IL 60525 (708) 639-4320 mary@fornarolaw.comwww.fornarolaw.com

2 USE THE TEAM APPROACH SUCCESSFUL SHORT SALES HAPPEN WITH A COHESIVE TEAM SELLER, REALTOR, ATTORNEY, TITLE COMPANY

3 WHY ARE REALTORS NEGOTIATING SHORT SALES WITH LENDERS? LEAVE THE NEGOTIATING TO US GO SELL MORE REAL ESTATE

4 GIVE YOUR SELLER OPTIONS SHORT SALE LOAN MODIFICATION DEED IN LIEUREFINANCE

5 CREATING EXPECTATIONS  MAKE YOUR CLIENTS COMFORTABLE WITH THE SITUATION  LET THEM KNOW THEY HAVE OPTIONS  GET THEM TO YOUR PROFESSIONALS QUICKLY FOR ADVICE

6 BENEFITS OF SHORT SALE TO SELLERS  Less impact on credit rating than foreclosure  Eligible to purchase home sooner  Opportunity to remove deficiency judgments  HAFA Program grants credits to seller  Seller is granted time to act while they are going through difficult time

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