If you are having a financial hardship and facing foreclosure, a short sale may be your best option to sell your home.
Helping homeowners in Chicago's Western Suburbs avoid foreclosure through a short sale is our specialty. For years, we have successfully guided clients through the short sale process, ensuring their homes get sold and creating win-win situations for both the lender and the homeowner. Starting the Short Sale Assistance Program is simple. The first step is to contact us! You can reach us by email at [email protected] or by calling us at 630-718-0424. We can discuss your situation and determine the next steps. A short sale is different from a typical sale. It can be complex and time-consuming, so it's important to have an experienced agent on your side. Here are the steps in the short sale process:
We will research comparable homes in the area and set a competitive listing price to sell your home quickly.
This includes the short sale addendum and property disclosure.
We will take photos, place a lockbox on the door, put a sign in the yard, and add the listing to the MLS.
We will market your home as we would a traditional sale, using various channels to attract potential buyers.
We will review any offers that come in, aiming to send the bank an offer we believe they will accept.
Once we receive a signed contract, we will send it to the bank for review. They will either accept the offer and issue a short sale approval or counter with an amount they are willing to accept.
Once the bank accepts the terms of the contract, they will issue a short sale approval letter. We will send this to the buyer so they can begin their due diligence and loan process.
We will coordinate a closing date with the buyer. At closing, all paperwork will be signed, and possession of the property will be transferred to the new owner.
Your home is sold, and you have successfully completed a short sale. Your debts are settled, and you have avoided foreclosure! If you have any more questions, please see the frequently asked questions or give us a call at 630-718-0424.
We understand facing foreclosure and needing to sell your home can be very stressful. That’s why we work with each client individually, taking the time to understand their needs and make the short sale process as stress-free as possible.
Location :
Ryan Hill Group
Century 21 Circle
1288 Rickert Dr Suite 300
Naperville, IL 60540