Comments Off on Johnson County Kansas Homeowners Facing Foreclosure Should Consider A Short Sale

The Pulse Of The Kansas City Real Estate Market

Do you know someone facing foreclosure on the their home in Kansas City, Johnson County KS, Overland Park, Olathe, Leawood, Shawnee, Lenexa or in the surrounding area?  Have them contact us to discuss getting their home sold in a Short Sale! A Short Sale means working to get the homeowner’s lender to accept selling the home at a price SHORT of the amount needed to pay off the mortgage loan balance.

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Why should a Short Sale be considered?  It can help the owner avoid a dreaded foreclosure… It can reduce the damage to the owner’s credit history… It may allow for buying another home within 1 to 2 years… It can offer the peace of mind of settling the mortgage debt… The homeowner doesn’t pay the real estate commission… The homeowner doesn’t pay for any home inspection repairs… The owner lives in the home during the process…  Kansas “redemption” laws allow 90 days AFTER a foreclosure sale takes place to continue working to complete a Short Sale.

At no cost to the homeowner, The Jason Brown Group can assess the viability of moving forward with a Short Sale. Most lenders want to AVOID taking on another foreclosure, so there’s EVERY reason to attempt to sell a home in a Short Sale when foreclosure is the alternative!  Click here to learn more about the Short Sale process and how we go to work to help homeowners avoid foreclosure.

Posted by Jason Brown

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