Is a Short Sale an option for you?
Midland Realty Group 7063 W Belmont Chaicgo IL 60634 Phone 708-695-4008
Shortsales fundamentals Video
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Name *
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Phone Number *
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Email *
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Property Address *
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Do you occupy this property as your primary residence?
Legal owners
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How many loans on the property? (Provide bank and current balance) *
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Behind on payments? *
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Reason for falling behind on payments? *
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Are you currently in bankruptcy? *
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Have you come to terms with the negative impact a short sale may have on your credit? *
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Have you come to terms with the tax consequences (if any) of a short sale?
Have you considered the alternatives to a short sale, such as foreclosure, loan modification, refinance, deed-in-lieu of foreclosure or bankruptcy? *
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Have you come to terms with potential liability for the shortfall (e. g., lender may require sellers to pay shortfall, lender may require sellers to sign a promissory note, or lender may reserve its rights to pursue sellers for the shortfall)? *
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Have you come to terms with the possibility that you will not receive any money at closing? *
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Do you have a good-paying job, cash, properties, or other assets that a lender may want to use to satisfy the mortgage debt owed on this property?
Do you have somewhere to live if this property sells?
Have you consulted with an attorney? *
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Will you be requesting relocation funds?
Please provide any questions you may have.
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