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Need To Sell Your Home Short Sale In Mason?

November 27, 2013 by Eric Lowry Leave a Comment

Need To Sell Your Home Short Sale In Mason?

Short Sale Assistance

If you are a distressed homeowner considering selling your home short sale in Mason, or any other area in Ohio, you may qualify for Ohio’s New Transition Assistance Program. The state of Ohio has developed a new program to help financially distressed homeowners. Ohio homeowners who are pursuing a short sale or a deed in lieu of foreclosure may be eligibile for financial help with their relocation to alternative housing.

The financial help comes from the Transition Assistance Program (TAP), which is part of the Save The Dream Ohio Program. The program is providing up to $5,000 in transition assistance to qualified homeowners who can no longer afford to live their homes and are pursuing a short sale. These  funds may be used in addition to any other transition assistance that the homeowner may be receiving. If you are distressed Ohio homeowner considering doing a short sale, you may apply for this assistance program.

The Lowry Team has over 15 years working with short sales in Mason, West Chester, Liberty Township, Fairfield, and other northern suburbs of Cincinnati. If you are you looking to do a short sale or want more information, contact Eric Lowry  at (513) 874-1830.

Filed Under: Avoiding Foreclosure, Eric Lowry's Articles, Short Sale / Foreclosure Tagged With: cincinnati short sale, Distressed Ohio Homeowners Doing a Short Sale May Qualify for Ohio's New Transition Assistance Program, Mason Ohio Real Estate, mason ohio real estate agent, Selling A Home, Selling A House In A Short Sale To Avoid Foreclosure, Short Sale, short sale in mason, short sale in west chester, Top Selling Realtor

Selling A House In A Short Sale To Avoid Foreclosure

February 21, 2013 by Eric Lowry Leave a Comment

Selling A House In A Short Sale To Avoid Foreclosure

Stop Foreclosure Selling A Home In A Short Sale

Selling a house or condo in a short sale may be the best option for avoiding a foreclosure.  If you have fallen behind on your mortgage payments due to a reduction in your income, a job layoff, medical reasons or other financial obstacles you may want to consider a short sale instead of just letting your home go into foreclosure.

What is a short sale?  A short sale is entered into when a homeowner facing financial distress lists their home with a real estate agent experienced in doing short sales.  When an offer to purchase the home is submitted by a potential buyer the contract is made contingent upon the approval of the mortgage holder or holders accepting a payoff which will not payoff the entire balance owed on the mortgage or mortgages.  The term short sale comes from the concept that the lender will accept a short payoff to allow the sale to proceed rather than continue with the foreclosure process which may cost the lender tens of thousands of dollars.

There is no cost to the homeowner to do a short sale.  The bank pays all of the fees associated with selling the home.  A short sale is not a typical real estate transaction, it has more details and obstacles to navigate.  It is critical that only an experienced short sale real estate agent handle this transaction.  Foreclosure is a stressful process, don’t go through it alone.

Wondering if a short sale is right for you?  Contact Eric Lowry confidentially to learn more and get started!

We can assist you with selling a house or condo in a short sale to avoid foreclosure of your home in West Chester, Beckett Ridge, Liberty Township, Mason, Fairfield, Monroe and Fairfield Township, Ohio

Filed Under: Avoiding Foreclosure, Eric Lowry's Articles, Short Sale / Foreclosure Tagged With: Eric Lowry, Fairfield Ohio Short Sale, Keller Williams Realty, Liberty Township Ohio Short Sale, Selling A House In A Short Sale To Avoid Foreclosure, Short Sale Properties in Mason Ohio, Short Sale Real Estate Agent, West Chester Ohio Short Sales

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