Short Sales + Foreclosures

Naomi Campbell Foreclosure Expert

Did Someone Say Foreclosures or Short Sales?

I have over 17 Years of dealing with Banks and Lenders with Short Sales and Foreclosures. Before I was a Realtor I had worked in the Lending Business dealing with folks who were behind on the payments of their homes. I am very fluent in Bankruptcies, Foreclosures, and Short Sales due to the last career that I ended. I decided it was much better to be able to truly help those that have run into problems or help get them out of trouble when they feel that there is no where to go! My experience has been worth its weight in Gold!

	See Foreclosed (WOW) Properties
	See Short Sale Properties

Investors and Banks- Naomi has the experience and the listings in the 5 county area from many different lenders, with more on the way almost daily.

Why it makes sense to use Naomi in a short sale or foreclosure situation
Naomi Resume for short sale and foreclosure situations (There is a difference!)

Case Study- Read how Naomi handles a short sale situation in the sellers words

Facing Foreclosure? I may be able to help. It is very important that you act quickly. Call me today!

Below I give you some information to better understand what can happen with a short sale. This can be very confusing at times. I will do my best to explain things or to refer you to qualified experts in the field. If you have questions or would like to buy or sell, please don't hesitate to call me at 847-370-5065 or reach me by email. I will get back to you as fast as a cheetah.

Why it makes sense to use Naomi in a short sale or foreclosure situation
Naomi Resume for short sale and foreclosure situations (There is a difference!)

Understanding Preforeclosures, Short Sales, and Foreclosures
 Preforeclosure- You are behind in your payments to your lender
 Potential Short Sale- Seller owes the lender more than the property could sell for
 Foreclosure- Also known as a bank owned home is a situation where the bank has taken title to the property and is the actual owner

Possible Outcomes For Sellers
 Deficiency Judgment: The lien holder may agree to accept a reduced payoff, but may place a judgment against the Seller's credit for the amount of the loan they have forgiven.
 1099: The lien holder may issue a 1099 tax statement to the Seller for the amount of the loan the lien holder has forgiven.
 Deed in Lien of Foreclosure: The lien holder may be willing to accept title to the Seller's property subject to all of the existing title matters and release the Seller/owner of their debt on the property.

Information and Forms for Buyers of Short Sale Properties
 Short Sale Buyer Information

Information and Forms for Sellers of Short Sale Properties
 Short Sale Seller Information

What is the Government Doing?
 Mortgage Forgiveness Debt Relief Act