Plainfield IL, Naperville Illinois Real Estate - Common Elements of the Short Sale Process
By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
Short Sale will in NO Way affect your Credit as much as a Foreclosure will!! Don't let the bank force you into foreclosure, a defiency judgement, wage garnishments, asset liens, and bankruptcy. My Service is totally FREE to You -- The Bank Will Pay Me!I operate in Will, DuPage, Kane, and Kendall Counties Your credit will recover in as little as 2 years. This is far better than the 7 to 10 years that most homeowners in your situation will face. Below is the most common elements of the short sale process. List the homeBank authorization forms signedSend bank authorization to the bank(s)Market the homeFollow up with bank(s)Fill out financial form(s)Gather proof of financial informationSend BPO, financial form and financial information to bank(s)Find a buyerNegotiate purchase price/terms wi...
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