Welcome to Massachusetts Short Sales
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Do not let the bank take your home, you have otions.
This site was created to bring you valuable information about avoiding foreclosure in Massachusetts and Massachusetts Short Sales.
Losing a home to financial crisis can be stressful. Realize you do not have to let the bank take your home, you have options to foreclosure. In about 99% of the cases it is in your best interest to avoid foreclosure though a Massachusetts Short Sale or one of your other options to foreclosure.
The Massachusetts Short Sale
In a nutshell, a short sale is where a home owner owes more money on a home than they can possibly get for their home in today’s real estate market. The home is marketed and an offer is secured contingent on lien holder approval. We then negotiate a “short” short pay off with the line holder or lien holders. It can be a bit more complicated than that but that’s the quick explanation. This site will go into more details of the short sale for you.
Other Options to Foreclosure
Your other options to foreclosure are a loan forbearance, loan modification, bankruptcy or deed in lieu of foreclosure. These options can be visited further here.
When to Consider my Options to Foreclosure
If you know, you will be missing mortgage payments in the near future, you have already missed mortgage payments or you have even received your foreclosure notice, it is time to explore your options to foreclosure.
As someone who has been in the business of helping upside down home owners, let me caution you. At the first time of trouble, review your situation and explore your options quickly. Try to remove the emotion and make the best decision for your circumstances. While we have helped many people who have received their foreclosure notice, it is much harder than helping someone at the first sign of trouble.
If you have any questions about Massachusetts Short Sales or Avoiding Foreclosure in Massachusetts, call Kevin Vitali 978-360-0422. I will be happy to provide you with a free, confidential consultation discussing what options may be best for you.
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