Alternatives to Short Sales in Austin and San Antonio, Texas
If you are behind in payments, if your house is in need of repair, and even if you have little, no, or negative equity, you can still sell your house in Austin and San Antonio, Texas even without short sales. Hippie Hollow Homes and Shenoah Grove have alternatives and options for you to help you sell your home fast without coming out of pocket or damaging your credit.
Since 2004, Hippie Hollow Homes has successfully participated in over 1,200 residential real estate transactions in the state of Texas. Many of those transactions have involved using the short sale strategy, where Hippie Hollow Homes would negotiate a discount on the note (or ‘short’ the note) with the bank in exchange for a quick sale. While better than a foreclosure, short sales still can have a negative impact on one’s credit score.
Another problem with short sales is that an end buyer is required for the sale to become complete, and in today’s market, finding end buyers who can qualify for conventional financing is increasingly difficult. In fact, the inability to resell a short sale is the number one reason why short sales fail, and the banks aren’t going to ease their lending policies anytime soon.
When the economy creates challenges, successful business owners provide solutions.
What are Alternatives to Short Sales? | The Solution
Hippie Hollow Homes and Shenoah Grove are students of the market, and understand that when economic conditions stop being favorable to certain strategies, you stop using those strategies and move on to something that works better. You don’t perform over 1,200 successful transactions by doing the same unsuccessful thing over and over again and hoping for a different result. That’s how you go crazy in business!
Therefore, Hippie Hollow Homes has adjusted it’s strategies to fit better with today’s housing market, economic climate, and lending standards. Here’s what Shenoah Grove has to say about alternatives to short sales:
What we’ve found is a new program that allows you to not have to do a short sale yet allows you to sell your home even if you are underwater on your mortgage or cannot afford to sell your home. This [strategy] is so new and so exciting… I can’t tell you how many times I’ve told homeowners about it and they’ve just gotten the biggest smile on their faces because finally, they have a way out of foreclosure. They have a way out of doing a short sale that is such a wonderful alternative. This strategy is focused on you, and keeping your credit intact while you sell your home and move on with your life.
Hippie Hollow Homes can provide solutions to your problems, whether you need a Licensed Real Estate Agent to represent you or someone to purchase your home quickly. No matter what your situation, if you are looking to sell your house fast without coming out of pocket or damaging your credit, we can provide assistance…as long as you give us a call!
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