Frequently Asked Questions
It’s important to us that our clients feel fully informed and confident when working with us. That’s why we’ve made an extensive list of past clients’ questions along with answers from our experienced team. Browse through the information below, and if you have a question that isn’t included here, feel free to reach out to us today.
When Will I Receive Payment For Selling My Property?
Receiving payment is dependent upon how long the title search takes on your property. Title searches may take 7 - 30 days.
Are There Any Ways For Me To Avoid The Sale Of My Property?
Loan Modification: is a change made to the terms of an existing loan by a lender. It may involve a reduction in the interest rate, an extension of the length of time for repayment, a different type of loan, or any combination of the three.
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Mortgage Forbearance Agreement: is an agreement made between a mortgage lender and a delinquent borrower. In this agreement, a lender agrees not to exercise its legal right to foreclose on a mortgage, and the borrower agrees to a mortgage plan that will—over a certain time period—bring the borrower current on their payments.
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Short Sale: is an offer of a property at an asking price that is less than the amount due on the current owner's mortgage. A short sale is usually a sign of a financially distressed homeowner who needs to sell the property before the lender seizes it in foreclosure. All of the proceeds of a short sale go to the lender. The lender then has two options—to forgive the remaining balance or to pursue a deficiency judgment that requires the former homeowner to pay the lender all or part of the difference. In some states, this difference in price must be forgiven.
Can You Help Us Relocate?
Yes. We will put you in contact with a moving expert, and also find a new place to relocate you to.
Do I Have To Pay Taxes On My Proceeds?
We will put you in contact with a Real Estate CPA to verify if taxes need to be paid on your proceeds.
Is A Property Evaluation Necessary?
Yes, a property evaluation is necessary so that we can see what repairs need to be made.