Protect Your Credit, Avoid Wage Garnishment, Clear Your Housing Debts.
Short Sale Specialists
Blu House properties and Ryan Ogle have a full time Short Sale Coordinator on staff to help market your home aggressively and avoid foreclosure with a short sale.
Contact us immediately and we can help you.
In today’s marketplace, short sales have been a common transaction producing over 60% of all sales in Grand Rapids last year. Effectively working with your lender is crucial; we understand the process and will coordinate the entire transaction on your behalf – AT NO COST TO YOU!
Most importantly, Blu House Properties will help you make an informed and educated decision if this option best suits your needs. This is, in deed, a unique time in history and with the Mortgage Debt Forgiveness Act of 2007, the tax implications of a short sale can be minimal to nothing at all depending on your circumstances.
Short Sale: The sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner has experienced a hardship and can no longer afford the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what is owed.
