Short Sales are a trend in the Chicagoland area and many experts expect this to continue for years to come. Many struggling homeowners have heard the term “Short Sale”, but are unsure exactly how it works. In an effort to educate sellers on the process, a FREE Short Sale Seminar is being held Sunday, November 6, 2011 from Noon – 2PM at City Point Lofts located at 110 E. 23rd. St. Chicago, IL.
The panel of experts will provide an overview of the short sale process and help troubled homeowners learn how to avoid a foreclosure. Home Solutions, Inc a short sale negotiation company, will explain the process, Budzik & Dynia LLC law firm will answer legal questions pertaining to short sales, Wintrust Mortgage will share information on how to proceed after a short sale and a team of real estate agents from Koenig & Strey Real Living (Britta Rivera Venture Group) will be available to assist with listing homes for sellers who qualify.
While many homeowners are deciding to “just walk away”, that is certainly not the answer. If you or someone you know is expericing financial challenges and are concerned about the status of their home, this is the seminar to attend.
Homeowners who truly qualify for a short sale may surprise you. Whether you owe $80,000 or $500,000 you may be eligible for bank approval. If you are unsure about your situation, ask yourself the following questions; Are you behind on your mortgage payments? Is your home “under water” (owe more than it is worth)? Have you experienced a hardship? It could be due to illness, divorce, job loss, relocation, excessive debt or other similar situations. If the answer is “yes”, this seminar will help you understand the best way to move forward and real estate agents will be on hand to list your home now.
During these tough economic times, you are not alone. There may be a light at the end of the tunnel afterall. If you would like answers and assistance the upcoming Short Sale Educational Seminar on November 6th, is a MUST ATTEND! Seating is limited so RSVP is required. Reserve your space at email@example.com and feel free to bring a friend.