San Diego, CA (PRWEB) January 13, 2009
Customers can now save their credit and avoid foreclosure by promoting their property making use of the “Short Sale” process. For the initial time, HouseRebate.com is now supplying its Short Sale plan to troubled property owners. The homeowner can sell their property even if their loan amount is higher than the value of the house with no out of pocket fees. In a quick sale, the lender is willing to accept a smaller sized payoff of the balance of the loan in order to sell the home at fair industry worth.

The ideal benefit of HouseRebate.com’s new Brief Sale system is that the lender usually pays all the commissions, listing charges and closing charges. The second advantage of selling your residence in a short sale rather than going via the foreclosure process is a foreclosure impacts your potential to buy a home 4 to five years longer than a short sale. Primarily based on the new Fannie Mae lending suggestions consumers might be able to qualify for a property loan in two years if they select a quick sale as opposed to five to 7 years if their home is foreclosed upon.

To qualify for a Brief Sale, buyers normally need to have to be experiencing a economic hardship. These incorporate the following conditions: divorce, marital separation, military duty, healthcare bills, damage to home, illness, loss of Job, decreased Income, failed enterprise, job relocation, death and incarceration.

For customers that do not want to sell their home, a totally free loan modification kit is accessible. The kit includes a step-by-step procedure to help buyers with the loan modification approach which will enhance their probabilities of acquiring a loan modification. A lot of lenders now have whole departments set up to deal with customer loan modification requests.

For a lot more data on this Short Sale program and getting your cost-free Home Loan Modification Kit, please contact HouseRebate.com’s cost-free 24-hour recorded message 1-800-958-1952 or apply on-line.

About HouseRebate.com
HouseRebate.com is a full service actual estate firm. HouseRebate.com maintains a seasoned staff of agents who provide all the services that standard true estate offices offer you at discount pricing, supplying lowered commissions on sales and 33% rebates of its commissions on purchases. HouseRebate.com has a virtual foreclosure tour bus that shows the current San Diego foreclosure properties offered. HouseRebate.com is a member of the National Association of Realtors