While short sales are not the huge part of the market that they once were...they are here....and to some degree....they will always be here. There will always be someone who has lost a job, a spouse who died unexpectedly, an illness that cripples, a divorce that lessens income...or some combination of hardships which makes paying the mortgage an impossibility. Food, medication. transportation to a job or to look for one take priority over the payment of the mortgage...more often than not...more than one mortgage.
The stories are very real...the documentation very authentic....the heartbreak unimaginable. No one gets married to get divorced or buys a house to lose it in a short sale...life throws some curves and everyone has to do what they need to do to survive and start over on their next happily ever after journey.
Sooooo many times the communication about finances....married or divorcing is less than open...He/She didn't know that he/she stopped paying the mortgage....the credit cards are maxed out....the utilities have not been paid. The trust evaporated from the relationship a long time ago and the results can be devastating.
Children are often the victims of broken relationships, being made to feel as if they have to "choose a parent"...change schools...move away from friends and test their abilities to "bounce back" from an unfortunate situation.
Short sale Sellers need to have someone remain in the home. If divorce is the hardship, we well understand that a For Sale sign is not "child friendly." If it is possible, it may well be easier to have the custodial parent move to a different place to minimize the further disruption in the children's lives. If that cannot be the case, know that we will make every effort we can to group showings...set them at times convenient for you Mr/Ms Seller.
Listening...sometimes that is what is most called for in a short sale...Sellers need to vent their frustration...and there is no one else to absorb the hurt and anger...and Realtors can choose to be that soft place to fall..the pillow of comfort that is so much a part of what is needed before the healing can begin from the breach of trust, lack of support, feeling of despair.
If you or anyone you know is unable to pay their mortgage for reason of
hardship....Call the Hansons...if you are not living in southeastern Wisconsin, know that we will find you a Realtor sensitive to your needs at this difficult time.