Foreclosure Rates Hit An All Time High in Texas It’s all over the news, even nationally, the predicament that Texas homeowners are facing. What many homeowners who are facing financial difficulties do not know is that you do have an option to foreclosure. The Short Sale. What is a Short Sale? *When a homeowner owes more on their home than the property is actually worth. *The seller’s lender (bank or mortgage company) is willing to accept less than what is owed as payment in full. Why Would a Bank Be Willing to Do This? *The foreclosure process is very costly to the lender and often times will be more expensive than the discount the bank will take on a Short Sale. How Do I Know if I Would Qualify for a Short Sale? *You have little or no equity in your home. *You have received notices from your lender that your mortgage is in default. *You have a hardship which would be acceptable to your lender. What is Considered a Hardship? *Loss of a job or substantial reduction in pay. *A Divorce *Illness or Death in the family How Much is This Process Going to Cost Me? *Your lender will typically pay all fees including real estate commissions. What Do I Need to Do Next? *Call: 214-440-3606 *Email: rescue@wall-realtors.com *Schedule Appointment Having a success rate of 85% our team at Wall & Associates, Realtors is skilled in helping families through this difficult time. What we hear from our clients on a regular basis is, “thank you for taking us through this process and giving us hope.” Call or email today for a confidential interview. We can be a solution for you. Jackie Wall, Owner/Broker Chris Wall, Vice President/Associate Contact us today for peace of mind.  

           Call Jackie or Chris
          at 214-440-3606