Short Sale Help for Illinois Homeowners

  • As a Homeowner, are you feeling like there is no other options but foreclosure? Are you considering just walking away from your home because you don't know what else to do?

  • Did you know that thousands of homeowners in the United States are facing the same challenges you are, every day?  Wouldn't it help to find solutions other than foreclosure?  You need help and guidance and someone who understands the difficult choices you are facing about your family, your life and your home. 
 
  • Quite often a homeowner facing foreclosure thinks they have to go through the process alone, forced into unforeseen situations beyond their control.
 
  • Facing damage to your credit and the possibility of not being able to purchase another home for 7 or more years is a tough pill to swallow.
 
  • Who can you turn to? 
If you own an Illinois home and would like to see what other options might be available to you, as a Certified Distressed Property Expert and a Short Sale and Foreclosure Specialist,  I can provide you with options that maybe you were not aware of.

Short Sale Help in Ilinois can help you Avoid Foreclosure.

As one of the options available, selling your home as a Short Sale  requires that not only are you not able to make payments, but that you have an identifiable hardship and your home is not worth what it was worth when you purchased it. If you were to sell it, you still would not be able to pay off the current amount owed on your mortgage.. 

If you have one or more of these situations, you could be a candidate for a Short Sale.
  • unemployment or reduction of pay
  • divorce
  • medical emergency or sudden illness
  • bankruptcy
  • death
A few examples that do NOT constitute a hardship are:
  1. Bad purchase decisions. spending your paycheck on a home theater system with surround sound does not qualify as a hardship.
  2. Unhappy with the neighbors. Even if every home on your block has loud parties every weekend , that will not qualify as a hardship.
  3. Buying another home. The lender will not care if you have decided the home is no longer suitable for you or your family.
  4. Pregnancy. Increasing the size of your family or starting a family is not considered a hardship.
  5. Moving into an apartment. If you decide to move out of your home, that is a lifestyle decision and not a very good reason to abandon your home.
For additional information about Short Sale and other options and the promise of confidentiality, please contact Judy Newton at 630-660-3384 or go to my website at www.Gravitate2Newton.com.