Short Sale and Foreclosure Advice
- Short Sale and Foreclosure Advice
Do you owe more on your house than it's worth?
Berkshire Hathaway HomeServices New England Properties and Westchester Properties SAF (Short Sales and Foreclosures) Advantage program supports both sellers and buyers with short sale and lender owned properties, offering a more streamlined way to conduct business. If you are struggling to make your mortgage payment and worried about having your home foreclosed, a short sale could be an option. Short sales can prevent additional damage to your credit and help you avoid foreclosure.
Support is provided in determining whether a home qualifies for a short sale through communication with the lender. A New England Properties or Westchester Properties agent will help collect the proper paperwork and submit it to the lender. If it is determined a short sale is needed, the property will be enrolled in our SAF Advantage program. New England Properties or Westchester Properties will recommend a local attorney to help with the process.
Buyers are pre-qualified through our mortgage partner and counseled on how to easily identify properties in need of a quick sale, as well as how to buy short sale properties with less confusion. Special financing is offered to qualified buyers on properties that may need cosmetic repairs.