Short sales are a blessing in disguise and a solution not to be taken lightly. Well it will potentially save you from foreclosure and from falling into a large amount of debt; it can pull you out of that abyss. Only if done in a timely and professional manner while using professionals with experience in these types of dealings. Now is not the time to be trying new or no name people to save a few dollars or cut some corners.
Delays of any sort can cause irreparable damage to both your reputation and your chances of coming out of this intact. Your key is efficient use of time. The better and faster you are prepared, the more time you will gain for finding a business that will handle your short sale, and the easier your life will become the moment it happens. The short sale was developed to keep folks from foreclosure. It is one of the last measures that can prevent it and can only prevent it if the business assisting you can successfully negotiate with the mortgage lender. These negotiations are absolutely key and are a reason you need to find someone local to your area to assist you with issues or questions that may arise from the proceedings.
Are There Any Ways To “Do It Yourself”
Well you certainly could attempt to short sell on your own, but much like representing yourself in court, you will not achieve as much success or even as much progress as a true trained professional in the field would. You in fact could more than 75% of the time if not higher do severe harm to it and cause a potential rift that would certainly doom you to failure. In this circumstances you cannot risk the chance of failing when you have to act fast.
Doing it yourself just is not feasible. I’m sure you could find a few people that would claim they have done it, and sure maybe some of them have in fact. Really though with something this important in your life that has lasting affects that will be felt for years to come, either positive or negative, would you want to leave it up to someone who doesn’t really know a thing about what they are doing. I know I would not put any gambles on my future I’d want a short sale specialist in my corner helping me every step of the way.