Short Sales

The Professionals at Gilezan Realty are experts in Short Sales and they can help you navigate the process.

Reading this is an important step towards putting your overwhelming mortgage debt and mortgage payments behind you. You are in a situation you never dreamed of:  You owe more than the house is worth,Struggling with mortgage payments,Facing foreclosure,Don’t know what to ask, who to ask, who to believe.You are under stress you do not deserve, and wondering what is the best way out.A Short Sale doesn’t cost you any money for the seller.

Homes are sold “as is” so a homeowner does not need to make repairs, or spend any money on repairs. We can prolong your stay in your home, even if you are not paying your mortgage. There are no tax repercussions from the IRS it is protected under the safe act of 2009. Its okay if you have any additional liens,as our staff of paralegal’s and attorneys will help up in the negotiations of the liens. In some cases we are able to get you relocation assistance money. (case by case) When your home sells for less than what you owe, you are no longer responsible for the remaining balance, your debt gets wiped away!

Everyone you ask has a different answer; Friends, family, lawyers, Realtors, the internet. Your lender is calling you, sending you letters. Here is our promise to you:

  • We will answer all your questions. We will support all answers with years of experience, extensive training and with much written documentation.
  • We will show you many heartfelt testimonials, from real people, right here in the Louisville area.
  • We will not rush you through anything. We will earn your confidence. If we have the privilege of helping you through your mortgage problem, you will experience that we are: Friendly, Trustworthy, Compassionate as well as Knowledgeable
  • We have helped many homeowners sell their house with dignity rather than lose it to foreclosure. We have negotiated with banks to forgive, in writing, large amounts of debt. You want to move on. Let us help. You deserve peace of mind, stability and balance back in your life.

This is real, please call us personally to my cell phone (502) 817.6484 any day of the week from 8 AM until 9 PM. Stephanie Gilezan and Judi Christopher 502-296-5555 of Gilezan Realty

The Short Sale Process,
Most creditors require the borrower to prove they have an economic or financial hardship preventing them from being able to pay the deficiency.[5] Creditors holding liens against real estate can include primary mortgages, junior lien holders—such as second mortgages, home equity lines of credit (HELOC) lenders, home owners association HOA (special assessment liens)—all of whom will need to approve individual applications for a short sale, should they be asked to take less than what is owed. Most large creditors have special loss mitigation departments that evaluate borrowers’ applications for short sale approval. Often creditors use pre-determined criteria for approving the borrowers and the terms of the sale of the properties. Part of this process typically includes the creditor(s) determining the current market value of the real estate by obtaining an independent evaluation of the property with an appraisal, a Broker’s Price Opinion, or a broker opinion of value (BOV). One of the most important aspects for the borrower in this process is putting together a proper real estate short-sale package, including hardship letter explaining why a short sale is needed. Depending on each creditor’s policy and the type of loan, creditors may accept applications from borrowers even if the borrower is not in default with their payments. Due to the overwhelming number of defaulting borrowers due to mortgage failures and other causes as part of the 2008–2012 global financial crisis, many creditors have become adept at processing such short sales applications; however, it can still take several months for the process from start to finish, often requiring multiple levels of approval. This procedure is extremely difficult and requires a professional short sale specialist like Stephanie Gilezan and Judy Christopher of Gilezan Realty to handle a Short Sale negotiation with ALL lenders. DO NOT LEAVE YOURSELF UNPROTECTED WITH OUT A SHORT SALE REAL ESTATE AGENCY.

Welcome Neighbor, Come on in, We’re glad you’re here. Reading this is an important step towards putting your overwhelming mortgage debt and mortgage payments behind you. You are in a situation you never dreamed of:

  • You owe more than the house is worth
  • Struggling with mortgage payments
  • Facing foreclosure
  • Don’t know what to ask, who to ask, who to believe.
  • You are under stress you do not deserve, and wondering what is the best way out.
  • Everyone you ask has a different answer; Friends, family, lawyers, Realtors, the internet. Your lender is calling you, sending you letters. Here is our promise to you:

We will answer all your questions. We will support all answers with years of experience, extensive training and with much written documentation.

We will show you many heartfelt testimonials, from real people, right here in the Louisville area. We will not rush you through anything. We will earn your confidence. If we have the privilege of helping you through your mortgage problem, you will experience that we are:Friendly, Trustworthy, Compassionate as well as Knowledgeable We have helped many homeowners sell their house with dignity rather than lose it to foreclosure. We have negotiated with banks to forgive, in writing, large amounts of debt. You want to move on. Let us help. You deserve peace of mind, stability and balance back in your life.

This is real, please call us personally to my cell phone (502) 817-6484 any day of the week from 8 AM until 9 PM. Stephanie Gilezan and Judi Christopher(502)296-5555 of Gilezan Realty