Short Sale by Bridgeway Property Group - PowerPoint PPT Presentation

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Short Sale by Bridgeway Property Group

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Are you underwater on your house and owe more than it is worth? You are probably a good candidate for a short sale and we can help. – PowerPoint PPT presentation

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Title: Short Sale by Bridgeway Property Group


1
We buy Houses Fast No Equity, No Problem
2
  • Short Sale by Bridgeway Property Group
  • Are you underwater on your house and owe more
    than it is worth? You are probably a good
    candidate for a short sale and we can help.
  • We partner with a law firm who negotiates and
    handles that process with your lender.
  • This law firm, unlike most will represent you in
    the transaction.
  • Typically your lender wants you to have
    representation because they dont want to deal
    with you directly, and so your lender will pay
    our fees and the attorneys fees.

3
To perform a short sale, you have to have 2
things 1) a hardship that can be proven as to
the reason that you can no longer pay your
mortgage and 2) a buyer. If you have those 2
things, your lender wants you to do a short sale
and they may even pay you to do one. They dont
want your home on their books!
4
  • The steps to a short sale are
  • Continue to do whatever you have been doing not
    paying your mortgage, paying your mortgage,
    living in the home, etc
  • Get your home listed ASAP to show the lender that
    you are serious about getting rid of the home and
    finding them a buyer (we can be the buyer) to
    take it off your hands.
  • Clean up a little but only clean up, dont spend
    money, as the lender does not like for you to do
    that.

5
  1. Get an inspection from our inspector if there are
    repairs that the lender needs to know about so
    that we can send in a professionals opinion of
    the condition.
  2. Take good photos to have presented to the lender.
  3. Start filling out your hardship package that our
    Attorney will prepare for you.
  4. Stop paying your mortgage or continue to pay
    your choice. Depending on whom and what kind of
    mortgage you have, you may be required upon
    approval to be behind.

6
  1. We can make a cash offer after its listed with
    our Agent who works with our Attorney regarding
    your short sale package.
  2. Wait for an approval this can take up to 60
    days.
  3. After we have approval, you will be closing
    within 25 days so you will need to move if you
    have not already.
  4. You will not have to attend the closing, they can
    do a mail-away or you can go in early and sign
    your portion.

7
Bridgeway Property Group Contact Today 4850
Sugarloaf Pkwy. Suite 209-247, Lawrenceville,
Georgia 30044, USA? Toll Free 888-766-9998 Phone
678-278-9595 bridgewaydeals_at_gmail.com www.Bridgew
ayPropertyGroup.com
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