YES!, you can do a short sale on your investment property.
Are you an investor: 1. With NO late payments but exhausting your reserves to make the difference between your mortgage payment and rental income? 2. Already with late payments and don't want to keep the property anymore 3. Unsuccessful with loan modification and have exhausted all avenues to keep up with the payments.
THEN your solution is doing a SHORT SALE.
A Short Sale will help you: Avoid Foreclosure Avoid Bankruptcy Protect Your Credit From Intensely Negative Impacts Be Free of Financial and Emotional Burdens
For short sale, your lender needs to agree for short sale, so it’s crucial that you work with a short sale specialist in your short sale transaction who knows how to handle the short sale situation. You need to provide your financial documents and hardship letter to prove that you are in some kind of hardship to allow for short sale.
The BAY AREA SHORT SALE SPECIALISTS will be your partner with you through the entire process.
Contact us for a FREE-no obligation consultation to see if Short Sale is right for you and to check when is the next scheduled Short Sale seminar. Referrals are always welcome and appreciated
Bay Area Short Sale Specialists Phone: 650-860-3298
New Light Realty 875 Mahler Rd. Ste 280 Burlingame, CA 94010