Short Sales
Do you have problems paying your mortgage? Is your home in the process of foreclosure or is the threat of foreclosure looming? When you look around your city do you see foreclosures everywhere? Does it seem like your world is falling apart and there is no way out? You are not alone and I am here to tell you that you do have options.
The unfortunate reality of today’s economy and the current Utah real estate market is that many homeowners owe more than their home is worth. While the loss of equity in a home does not by itself constitute a hardship, many people have lost their jobs or suffered events that have significantly lowered their incomes. If you have been unsuccessful in refinancing or modifying your loan, and you are unable to bring cash to closing, a short sale may be your only option to avoid foreclosure or bankruptcy.
If you cannot afford to pay your mortgage any longer, the last thing you can afford to do is sit back and do nothing. Whether the property in distress is your primary residence, a second home, a lot, or an investment property you can do a short sale. Not all short sales are successful, however, and the process can take a long time. Consequently, you need an experienced and trained professional. Kerry Oman is a certified specialist in short sales. He has earned the Short Sales and Foreclosure Resource (SFR) certification. The only distressed property certification for real estate professionals recognized and endorsed by the National Association of Realtors. Call today for a free and confidential consultation: 801-369-2507 or email me at
kerryoman@gmail.com.
If you are a buyer or investor there has never been a better time to buy real estate. If you are thinking of a second home in Park City or Sundance there are some amazing deals out there. Call today to discuss how I can help you take advantage of the market.
Please explore the links on the right to learn more about short sales and foreclosures.