Benefits to Short Sales

Why Lenders Accept Short Sales:

  • It cost lenders a fortune to foreclose a property. A short sale helps absorb additional losses and give them immediate pay-off from the buyer.
  • They are lenders and they are not in the business to buy and sell real estate.
  • A REO (bank owned property)is a liability, not an asset to the bank.
  • Most lenders are REQUIRED to have an amount up to SIX times the retail value of each REO in reserves, so a short sale gives them an immediate relief.
  • Protection of their banking charter.

Property Owner's Benefits to Doing a Short Sale with Watermark Properties:

  • Help in avoiding foreclosure.
  • Less credit damage than foreclosure or bankruptcy.
  • Simple and inexpensive relief.
  • Our unparalleled support includes: Real Estate Professionals, Lenders, Attorneys, Buyers, Consultants and more.
  • Access to our top notch network of Real Estate Professionals, Lenders, Attorneys, Buyers, Consultants and more.
  • A fresh start.
  • You pay nothing to us upon a successful short sale transaction.
  • The lender typically pays the selling and buying agent's commissions, attorney fees, rehab fees, our costs, past due payments, and more.
  • We act on your behalf.
  • We negotiate with your lenders to come to an agreement on the dollar amount that allows your lenders to be paid and to divest yourself of your home.
  • No long-term, negative ramification of a foreclosure.
  • No COST to you.
  
     
 
 
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