Deciding to walk away from your home
You're not alone. Many Connecticut homeowners have decided the negative equity and high payments on their homes are just no longer worth it—and are deciding to just walk away. Do you feel trapped in an upside-down home? Are you considering throwing in the towel and just letting the home foreclose?
Are you aware that...
...foreclosure carries heavy, long lasting credit ramifications?
...your foreclosure will be broadcast in newspapers and online?
...Connecticut is a deficiency state? This means the foreclosure won't wipe away your remaining debt and the lender may very well pursue you for the difference.
But there's a better way. Have you considered a short sale?
KEEP THE FORECLOSURE OFF YOUR CREDIT AND OUT OF THE PUBLIC EYE
SETTLE YOUR DEBT WITH THE LENDER AND AVOID DEFICIENCY JUDGEMENT
CONTROL SELLING YOUR HOME INSTEAD OF LOSING IT TO THE LENDER
Your lender doesn't want to own your home. You may even qualify for a cash incentive from them to pursue a short sale rather than letting your home foreclose. We specialize in Connecticut short sales exclusively. Connect with us today to find out if a short sale is right for you.