Quail Point sells homes for clients who owe more than itâ€˜s worth.
Triangle, NC, January 28, 2010 -- Quail Point continues to meet the needs of home sellers by expanding the firm with the addition of a full-service Short Sale Division. Designed to help homeowners even if they owe more on their house than it is worth, this will be an invaluable service for clients that need to sell their house because they are going through a hardship such as (but not limited to) a job loss, illness, death in the family, divorce, or have experienced an increase in monthly payments because of an Adjustable Rate Mortgage (ARM) adjustment.
Our country is facing tough economic conditions that have plagued the housing market and brought home values down. Unfortunately, families that have been hardest hit are struggling to make their mortgage payments and many times cannot afford to stay in their home. However, when faced with the prospect of selling, they are being told that with the low market value of their house plus real estate commissions, other closing costs, and taxes they will be expected to bring money to the closing table that they just donâ€˜t have.
The short sale is a great solution to this problem and "we have enlisted one of the countryâ€˜s leading short sale negotiators to help us better serve our clients," says Joe Worth, President of Quail Point Realty. "We understand that there are a lot of homeowners in need of expert advice and a turn-key solution and we want to be THE resource that they turn to for help. Its peoplesâ€˜ lives that we are dealing with and we donâ€˜t take that lightly."
A short sale is when the lender agrees to accept less than a full payoff as satisfaction of the debt. Two of the most compelling reasons why a homeowner would want to consider a short sale vs. a foreclosure or bankruptcy are:
1) a short sale can mitigate the damage to their credit and allow them to buy a home again in as few as two years versus much longer with a foreclosure or bankruptcy.
2) the lender will pay closing costs, real estate commissions, taxes, and other fees (including junior liens) out of their net....the homeowner wonâ€˜t pay!
Led by an expert on short sale negotiations, our department will coordinate the entire process including handling all necessary documentation, communications with your lender(s), follow up with your financial institutions and handle all negotiations on your behalf. We want the process to be understandable and convenient for you, but most importantly, we want it to achieve optimum results! With your support we can get your property successfully sold and closed. Visit www.QPRealty.com for more information on short sales.
For information about this press release or Quail Pointâ€˜s services, contact either:
Stacy Zotter, Quail Point Realty, 919-605-5355 or Joe Worth, Quail Point Realty, 919-285-2675
Quail Point Realty
Triangle, NC 27312
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