Welcome to Short Sale Sheep. Our goal is to make sure you know all of the
alternatives to foreclosure and help you decide which is best for you.
You may have heard about the new government HAFA program, for eligible homeowners who have applied unsuccessfully for a loan modification. HAFA
gives those borrowers a viable alternative to foreclosure. There are also
other options:
Do Nothing: Which will damage your credit and most likely result in
foreclosure. Make sure you talk to a tax professional or an attorney before
you make this decision.
Payoff/Refinance: Interest rates could be very high, making this a bad alternative.
Reinstatement: Paying past due amounts plus attorney fees, late fees, taxes, and any other lender imposed penalties.
Loan Modification: Convince your existing mortgage company to refinance your current debt to more favorable terms for you.
Forbearance: Lender puts together a repayment plan based on your financial situation. It could result in a temporary reduction in payment.
Deed in Lieu of Foreclosure: Just give the property back to the bank. This seldom happens but it's always worth a shot.
Short Sale: Negotiated with your lender to sell your home for less than it's worth. And, if it's a HAFA short sale, you may even be paid $3000 to help you with relocation. Make sure you talk to a tax professional or an attorney
before you make this decision.
If you would like to explore these options, please call me for a free
consultation. (925) 867-4663.
Cindi Hagley has been featured in the Wall Street Journal, as well as other local and national media. The Hagley Report, a micro real estate talk show, airs on multiple radio broadcast stations in various West Coast markets.
Hagley is the founder of ShortSaleSheep.com, a website dedicated to helping consumers find and buy short sale, bank owned / REO homes, and foreclosures. She is also the founder of Instavision, a real estate news and information channel, as well as the founder of REOaGoGo, a site dedicated to bank owned homes.
Hagley personally serves clients in the San Francisco Bay Area as a Broker Associate with Windermere Welcome Home. She and her team negotiates and markets shorts sales throughout the entire State of California.
Hagley is known for her sense of humor and compassion, and immediately puts clients at ease even in the most difficult situations.
In her spare time, she is a squash player, a musician (guitar, fiddle, mandolin, vocals) and is working on her first novel. Hagley is a Realtor first and foremost, and is readily accessible to her clients via phone, text, twitter, and e-mail.
