Lost your Job?

Adjustable Rate Mortgage increasing? 

Your new home is now worth LESS than what you recently paid for it?

Divorce?  Illness?

Sound familiar?  YOU'RE NOT ALONE!

We may be able to help! First, we are not investors.  You will not be asked to sign over the deed to your house, or for your money.  We are licensed real estate agents and have been trained to specialize in "short sales." 

A short sale occurs when a homeowner is "upside down" -- you owe more on your mortgage than what your home is worth.  It is a special program that most lenders will allow  when there is a high risk of foreclosure. Lenders have very specific set of rules in order to accept a Short Sale, but most people who are facing foreclosure due to a legitimate hardship may qualify.  It takes a Realtor who knows exactly what he/she is doing and it needs to be done with specific disclosures and knowledge to make sure it is performed legally. Believe it or not, your lender does not want to foreclose on you -- it costs them too much money to do so, and is a very time-consuming process.  A short sale will keep a foreclosure off your record and still allow the bank to recover their money.  When done properly, a short sale is a win-win situation. 

There is no fee for a consultation.  When we sell your home through the short sale program, the lender pays our fee.

If you would like more information on how this process works, please request a free "short sale information packet" by contacting me at geri@geriboudreau.com or (972) 977-4910.  Neither I, nor any of my Realtors, will call or visit you without your permission.