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Short Sale Information
Welcome > For Sellers > Short Sale Information ...

Get More Detailed Short Sale Information At
www.shortsaleteaminfo.com

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Stop Foreclosure!

Are you possibly facing Foreclosure?
If so, you MUST read the following information below! 

Are you behind on your mortgage payments and having difficulty making ends meet? Have you lost your job? Has your mortgage rate ballooned and the payments aren't affordable? Are you currently in a situation where you have to move but you owe more on your home than it's worth in today's market?
If so, The Dickerson Team along with Motta & Motta Law Firm can help! 

If your home goes into Foreclosure, your credit is hit up to 7 years. Also, you could still be responsible for all the debt that is owed on the home up to 10 years! Foreclosure is a terrible process in real estate, but you have options. 

The Dickerson Team along with Motta & Motta Law Firm are dedicated to helping you get out from underneath your mortgage burden. We do so by selling your home in a Short Sale.
What is a Short Sale? A short sale is when we list your home for market value, get a contract from a willing and able buyer and then negotiate the difference between what is offered and what is owed to the lender. By doing so, this lowers your credit hit to 1-2 years instead of 7, and you're NOT responsible for any further debt from the home. How much does this cost you? NOTHING! There is no commission cost, no attorney fees and no closing costs. We negotiate all of the fees with your bank. 

Did you know that your lender loses more money Foreclosing on your home rather than working with you on a Short Sale? That's right! According to national studies, the average mortgage lender makes 42% more through a Short Sale process rather than foreclosure. Did you also know that the Federal Govt. gives a $2200 incentive to mortgage lenders who successfully negotiate a Short Sale? That is why lenders are more willing to work with us on a short sale than lose your home to Foreclosure. 

Want to learn more? Simply call one of the two numbers listed below. We'll give you a FREE consultation and find out if a Short Sale is right for you. 

Call TODAY, time is of the essence!! If you would rather, fill out the form below and we'll contact you right away!! 

CALL TODAY FOR YOUR FREE INFORMATIVE "SHORT SALE" BOOKLET! CALL NOW 888-777-1165 OR SIMPLY FILL OUT THE FORM BELOW AND REQUEST A BOOKLET MAILED TO YOU DIRECTLY!! 

Motta & Motta, LLP
Real Estate Attorneys
Telephone: 630-844-2766
Fax: 630-596-1689
FREE CONSULTATION
 

The Dickerson Team
RE/MAX of Naperville
Telephone: 888-777-1165
Fax: 630-466-3702
Email: Info@TheDickersonTeam.com

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Real Estate Tips
Financing Your Home >ARMs

Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.

Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.

See All Tips In The "Financing Your Home" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?

A 
The former estate of John Lennon in Palm Beach has two pools plus guest quarters.
See More Real Estate Trivia >


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The Dickerson Team, REALTOR®, real estate agent and broker for Aurora, Sugar Grove, Yorkville and Naperville, Illinois home listings, property and land for sale - NUMBER1EXPERT

The Dickerson Team
RE/MAX of Naperville

116 W. Gartner
Naperville, IL 60540
Toll Free: 888 777-1165
Keith's Cell Phone: 708 341-2076
Fax: 630-735-5105
Email: Info@TheDickersonTeam.com

The Dickerson Team is ranked in the TOP 1% of ALL Northern Illinois Realtors and TOP 25 RE/MAX Teams in Illinois. If you're looking to buy or sell real estate, go with a Team with a record of success. Call The Dickerson Team TODAY at 888-777-1165!!

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