Posted on Sep 25, 2012 in Roseville and Sacramento Short Sale FAQs

Hi this is Mark Peek with Keller Williams Real Estate, your Roseville and Sacramento short sale specialist. I want to talk today about qualifying for a short sale because one of the questions I get a lot is from people wondering if they make too much money to qualify for a short sale. I can tell you that I’ve completed short sales with lots of different borrowers with lots of different financial situations ranging from having no job to folks that make close to one million dollars a year. So the banks will still approve the short sale. Now there might be a different way of getting it approved and there is not a guarantee they will approve it, but they are likely to if they are in a position of choosing a short sale over a foreclosure.

If you have any specific questions about your financial situation and you are considering a short sale, give me a call. We can go over your situation and see if a short sale might be a good fit for you and how that might work out. If you are on the fence and wondering if you should do it, and want to check out a short sale to see if it’s right for you, check out our short or stay calculator. You can find it on our website and all you have to do is enter in your property information and they will send you a detailed report. It will give you an idea of how long it will take you to break even on your house. You will get a better idea of whether or not it’s a good deal to stay there, or if it would be better to short sell it. These are questions we hear all the time and this is a great tool that a lot of people like using. We can go over the results together.

Again, this is Mark Peek with Keller Williams, your Roseville and Sacramento short sale specialist and I’m here to help. Please contact me today so I can help answer any questions you may have. Thanks and I look forward to working with you soon.

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