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Buyers & Sellers Advantage
 121 N. Mitchell
Cadillac, MI 49601
(231) 876-2000 Office
(231) 876-1922 Fax
klawie@assist2sell.com 

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Short Sale Info

What About Short Sales?

 
Don't walk away from your home;
we may have a solution for you!



What is a Short Sale?


A short sale is a term used to describe a process in which a lender agrees to accept a lower payoff amount on a loan than what is owed.


What if the home's market value has dropped?

Comparable home sales must substantiate that the home is worth less than the unpaid balance due the lender. This unpaid balance may include a prepayment penalty.

 
What if the mortgage is in or near default status?

It used to be that lenders would not consider a short sale if the payments were current. That is not always the case. Realizing that other factors contribute to a potential default, many lenders are eager to head off future problems before they start.

What if the seller has fallen on hard times?

The seller must submit a letter of hardship that explains why the seller can not pay the difference due upon sale, including why the seller has or will stop making the monthly payments.
 

Contact us today for a free, confidential consultation to discuss your situation and to see how we may be able to assist you.  

Testimonials Page

My son and I both had recent transactions with Kathy. Her uplifing attitude and great personality made this experience quite pleasant. Very professional! I would recommend her to my firends and family and will use her service again in the future! Matthew & Aaron Roback
After sampling a few realtors who really did not seem motivated to find us a home, we found Kathy Damm-Lawie. She was working hard for us, so we signed a contract with her. Best thing we ever did. She's smart, funny, understanding, and works actively to find the best home for you. Any future real estate needs we have, will be with her. We really can't thank her enough! Krystal P and Steve J.
Thanks for all of your help in making my "dream home" a reality. I really appreciated that you surely went the extra mile to get the best price for my home. You are truly a professional. I would recommend you to my friends and family. D. L. Hamlet
Words can not really express our gratitude! The way you handled this stressful transaction was amazing. You kept us informed and helped us not to lose sight of our mutual goal, our new home! We will absolutly recommend you to anyone buying or selling real estate. Jamison & Teri
Thank you so much for all of your help buying our first home. From setting up the financing thru the whole process you were great. You answered all of our questions and calmed our nerves. If we outgrow this home we will definitely give you a call. Philip & Alyson
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