My client purchased this property for $662,000 & had two mortgages plus a credit card lien. The bank paid all realtor fees, attorney fees and property taxes and the seller received FULL WAIVER OF DEFICIENCY on both loans so they were able to start their new life with a clean slate. My client bought this property for $405,000 and when we met had 2 mortgage's totaling $364,000.
The homeowner stayed in the home for 11 months with zero mortgage payments. The successful Short Sale closed for $235,000 and my client received FULL DEBT FORGIVENESS and paid ZERO at closing. Kildeer, IL: My client had 2 loans for a total of almost $750,000. We were able to sell the home for almost $400,000. My client lived in the home while we completed the sale of the home.
The seller was FULLY RELEASED OF ALL DEBT + PROVIDED ALMOST $7,000 FOR RELOCATION ASSISTANCE for cooperating with the short sale! Paid NOTHING to us or the attorney we work closely with! All information on this site is for informational purposes only.
The homeowner stayed in the home for 11 months with zero mortgage payments. The successful Short Sale closed for $235,000 and my client received FULL DEBT FORGIVENESS and paid ZERO at closing. Kildeer, IL: My client had 2 loans for a total of almost $750,000. We were able to sell the home for almost $400,000. My client lived in the home while we completed the sale of the home.
The seller was FULLY RELEASED OF ALL DEBT + PROVIDED ALMOST $7,000 FOR RELOCATION ASSISTANCE for cooperating with the short sale! Paid NOTHING to us or the attorney we work closely with! All information on this site is for informational purposes only.
Services
Melissa Murphy Hainault has been a Realtor since 1997 and a Mortgage Loan Officer since 1998.
Melissa is now a Real Estate Broker and a member of the National & Illinois Association of Realtors.
She awarded the SFR (Short sale and Foreclosure) designation passing the exam with 98% grade!
She has sold over 100 properties in the last several years, most of which were short sale or foreclosures.
Greg Hainault has been buying and selling real estate since he was 21 years old.
Greg has been a home builder and developer since the mid 1990's building mostly Luxury Townhomes and Condos in Bucktown and Wicker Park, Chicago.
Melissa is now a Real Estate Broker and a member of the National & Illinois Association of Realtors.
She awarded the SFR (Short sale and Foreclosure) designation passing the exam with 98% grade!
She has sold over 100 properties in the last several years, most of which were short sale or foreclosures.
Greg Hainault has been buying and selling real estate since he was 21 years old.
Greg has been a home builder and developer since the mid 1990's building mostly Luxury Townhomes and Condos in Bucktown and Wicker Park, Chicago.
Who can legally negotiate your short sale, and who really should be negotiating your short sale.
All information on this site is for informational purposes only.
We are not attorneys or a law firm and it is critical that you seek the advice of an Illinois attorney.
We will not close any short sale transaction without an Illinois licensed attorney.
All information on this site is for informational purposes only.
We are not attorneys or a law firm and it is critical that you seek the advice of an Illinois attorney.
We will not close any short sale transaction without an Illinois licensed attorney.
Lakeview/Chicago, IL: Our clients has outgrown this 2 Bedroom Condo when they had there 3rd child and needed to sell!
They were FULLY RELEASED and provided a WAIVER OF DEFICIENCY on the 2 mortgages they had on this Condo.
They PAID NOTHING to us, their 2 mortgage lenders and the attorney we work with!
Bartlett, IL: The sellers had to sell the home and move out of state for a new job offer.
They did not want to take money out of their child's college fund or their retirement account.
They paid NOTHING to us or the attorney we work with to complete this sale!
They were FULLY RELEASED and provided a WAIVER OF DEFICIENCY on the 2 mortgages they had on this Condo.
They PAID NOTHING to us, their 2 mortgage lenders and the attorney we work with!
Bartlett, IL: The sellers had to sell the home and move out of state for a new job offer.
They did not want to take money out of their child's college fund or their retirement account.
They paid NOTHING to us or the attorney we work with to complete this sale!
Are you in a financial hardship that won't allow you to continue making the full amount of your mortgage payment?.
The biggest advantage is the possibility of being able to walk away from your mortgage debt and get a fresh start!
In most cases, the bank issues a waiver of the deficiency, meaning they agree not to sue you for the amount of money they take a loss on!
Please be aware that in most Illinois foreclosures, the bank has the right to pursue you for the deficiency judgment and if they get that judgment they can garnish future wages!
The biggest advantage is the possibility of being able to walk away from your mortgage debt and get a fresh start!
In most cases, the bank issues a waiver of the deficiency, meaning they agree not to sue you for the amount of money they take a loss on!
Please be aware that in most Illinois foreclosures, the bank has the right to pursue you for the deficiency judgment and if they get that judgment they can garnish future wages!
We will be there for you throughout the entire process along with a Real Estate Attorney to assist you.
List the home for sale and sign the required forms.
The listing agreement will state that your lender(s) is required to pay all fees.
You will have ZERO cost to us or the attorney's we work with.
If you prefer, we will not post a for sale sign at your home and we promise to be discreet.
Find a buyer and negotiate purchase price/terms with buyer as well as confirming there loan approval or proof of funds for a cash buyer.
List the home for sale and sign the required forms.
The listing agreement will state that your lender(s) is required to pay all fees.
You will have ZERO cost to us or the attorney's we work with.
If you prefer, we will not post a for sale sign at your home and we promise to be discreet.
Find a buyer and negotiate purchase price/terms with buyer as well as confirming there loan approval or proof of funds for a cash buyer.
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