The Short Sale Process is long and time consuming and it doesn't begin until an interested buyer makes an offer, which sent to you bank for approval. Who knows how long it is going to take before you find a buyer when there are so many houses for sale (not just short sales)? It's no secret that it's a buyers market. Supply is high, but Demand is low. Not to mention, the longer it takes to get the started, the worse your situation will become. If you decide to sell your home to Equinox Properties, you would not have to wait for an offer. Instead, the day you decide to sell, will be the day the process will begin.

Serious Buyer

Every real estate agent knows that in a buyers market, there are a small percentage of serious buyers. Traditional buyers are prone to walk away from a deal because they have so many properties to choose from. They are not interested in buying your home to stop the foreclosure. All they care about is finding a good deal. Equinox Properties is not that type of buyer. We want to buy your home, not just because it could be a profitable investment, but more importantly, because we do not want your life to be negatively effected by having a foreclosure on your record.

No Paperwork Mishaps

Banks around this country are swamped with files sent to them for the approval of a short sale. They look for any reason to reject a file. If the paperwork is out of order or something is missing, it will be pushed aside and they will not inform you of what's wrong. This can result in a lot of wasted time. Equinox Properties knows exactly what your bank is looking for. Our package is always thorough and complete.

No Deficiency Judgment

If you purchased you home with a Deed of Trust, and you only have one lien (1st Mortgage) on your property, then you do not have to worry about a deficiency judgment. But, if you have multiple liens, you do not have to worry about one. All junior liens (2nd Mortgage, HELOCs, mechanic's lien, state income taxes) have the right to pursue a deficiency judgment. Equinox Properties will settle your debt with all your junior liens, so you will not have to worry about a deficiency judgment.

No Promissory Note*

If you have Private Mortgage Insurance (PMI) on your house, you are at risk of facing a promissory note. It's likely that the PMI company will demand you sign a promissory note if they experience a huge lose. Equinox Properties can get the note off the table, so will not be further burdened with debt after the sale.

* Note: In certain situations, a promissory note is unavoidable.

For more detailed information, click here and watch the video.