Client Recommendations for Murfreesboro Short Sale REALTOR and Specialist – The Short Sale Agent Clients Recommend for their Nashville & Murfreesboro Short Sales & Short Sale Help

• Murfreesboro Short Sales and Foreclosures REALTOR Client Recommendations
• Client Testimonials for Nashville Tennessee Short Sale Specialist, REALTOR, Broker and Cash House Buyer
• Why Clients Recommend Jim McCormack for their Nashville Franklin & Murfreesboro Short Sales, Short Sale Help, Stopping Foreclosure & Real Estate Investments

Jim McCormack
Real Estate Broker, REALTOR, e-PRO
Nashville, Franklin and Murfreesboro Short Sale and Foreclosure Specialist, REALTOR, Broker, Real Estate Investor and Cash House Buyer
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“Jim McCormack is one of the most experienced and knowledgeable real estate professionals in the Short Sale field that I have ever worked with. I highly recommend him to anyone that is upside down in their mortgage and needs assistance getting out. Definitely the guy you want your side during the short sale process!”
Michelle Crawford, Escrow Officer/Operations Manager of Signature Title Services in Nashville Tennessee

“I could not have completed the “short sale” process without Jim. I was getting so frustrated trying to work with the bank myself that I was ready to walk away and let them foreclose on my mortgage. A friend of mine recommended Jim to me and from the first conversation with him, I knew he was “The Guy”. His knowledge and expertise in the short sale process and working with banks is beyond amazing and something I found to be absolutely essential to close a short sale. I could not have done it without him!”
Thomas Miller, former homeowner in Nashville Tennessee

“Although I’ve never met Mr. McCormack personally, he seemed extremely knowledgeable about everything he does to which I left all the decision making in his capable hands to negotiate with the bank in the process of short selling my house.”
Hans O., former homeowner in Murfreesboro Tennessee

“My father found Jim for me online. I wanted to sell my house but I was like a lot of other home owners-UPSIDE down. My mortgage company was giving me a hard time and false information. I called Jim and that day he called my mortgage company and began to get things straight. He listed my house on a Monday and that week he had 3 solid offers for me to choose from. My house sold that week. I highly recommend him to anyone that is considering a short sale. He is awesome. I am moved out now and worry-free. I have to credit Jim for most of it. He really knows his stuff. I just want to thank you Jim for making a rough time go very smooth! I am a very satisfied Client.”
Jennifer Inglese, former homeowner in Antioch Tennessee

“We found Jim McCormack on the internet after trying to deal with the bank on refinancing our home. We were just about ready to just walk away and give up all hope. The bank was not responding to our request and kept giving us the run around. Once Jim got involved things started to fall into place. He dealt with the bank and sold our home. Now we can start our lives over. I would highly recommend his services. Thanks Jim!”
Gary and Teresa K., former homeowners in Murfreesboro Tennessee

“I met Jim about a year ago when I was going through some hard times he was easy to talk to he explained the whole process of a short sale he made sure that the lender’s talk to him he kept me out of it best as he could got my short sale done.”
Dwayne and Angela R., former homeowners in LaVergne Tennessee

“I came across Jim’s website while researching options to foreclosure. I contacted Jim via email and he promptly called me to discuss my situation. I found Jim very knowledgeable of the short sale process, which reassured me that I was making the right decision. The short sale process can take months of “jumping through hoops”, but in the end it is all worth it. Not only did Jim handle the paperwork and phone calls, but he also had a buyer ready once the short sale was approved. I could not have done it without Jim’s expertise.”
Roxanne C., former homeowner in Nashville Tennessee

“Jim assisted us in the short sale of our home. He proved himself to be a true professional, his level of expertise in the short sale process was immediately evident. He was patient and understanding during a tough time, was readily available to answer questions, and managed to make the short sale process much less stressful for us. He streamlined the short sale process and facilitated the bank accepting and closing on our short sale in a timely manner. Thanks to his expertise, he made it possible for us to move forward with our lives. We highly recommend him for all your real estate needs, especially short sales…”
Carl and Celia S., former homeowners in Murfreesboro Tennessee

“Selling a house via a short sale can be an emotional process. The trait that impressed me the most about Jim was his “all business” demeanor. Having a real estate background, I initially thought that I knew what I was doing and found myself questioning a few of Jim’s processes on the front end. As we got further along into the process, I had several “ah-ha” moments whereas I realized Jim’s procedures made perfect sense. In summary, Jim knows what he’s doing. I highly recommend him and if you would like to speak with me personally to learn what I learned, ask Jim for my contact information.”
Michael R., former homeowner in Kingston Springs, Tennessee

“Stellar! That’s the best way to describe the service Mr. McCormack provided. Jim made the process as easy as possible for me during what could have been a very difficult, stressful time in my life. I moved out of state, which I thought would hinder the progress of my short sale. Luckily for me, I had Jim as my REALTOR professional and he made every step convenient and easy for me. Thanks Jim!”
Audrey M., former homeowner in Antioch, Tennessee

“After speaking to several real estate agents concerning a short sale option, I was becoming more and more discouraged and feared our home was headed to foreclosure. I needed a professional who knew the ends and outs of the short sale process, and that’s when I found Jim on the internet. Although, I was very hesitant to contact someone off the internet, I was desperate to find a better solution than foreclosure. After my first conversation with Jim, I knew I had found the right real-estate professional. He was able to walk me through the entire process with so much confidence, and that gave me hope that foreclosure was no longer an option. He handled the grueling paper work, all I had to do was provide him with the necessary information. I couldn’t believe how painless this process was, and to think I had so much worry about the whole thing makes me look back and laugh at myself. Jim was was able to sell our home in a matter of months! I couldn’t believe it! I would recommend Jim McCormack any day!”
Brian and Gracen P., former homeowners in Smyrna, Tennessee

“My husband and I began exploring the option of short sale after failing several times to sell our house in a traditional sale. Like so many others, the economy had put us into a situation where we had to make difficult financial choices. A friend who also used his services for a short sale recommended Jim to us. We absolutely could not have gotten through the process of short sale without Jim. He is extremely knowledgeable and we never had a question that he couldn’t answer. Best of all, he is calm and confident throughout a process that can be, at times, trying. I am so glad that Jim helped us to sell our home and get to a better financial station in our lives. Thank you, Jim!”
Amy, former homeowner in Columbia, Tennessee

“We found Jim on the internet when my wife and I fell on hard times and were looking for an alternative to foreclosure. As times in our lives became more and more difficult with losing a job and having a near fatal automobile accident the last thing that we wanted to do was deal with lenders who called multiple times daily. After contacting Jim the calls stopped from the bank and we actually had a bit of peace outside the chaos. We didn’t make things easy for Jim with all the things changing in our lives we prolonged the process for fear of where I would live and how we would eat. However, his professionalism and persistence in not allowing us to fail or slip through the cracks was very direct and supportive. If it had been anybody else we would have foreclosed as the process took around 12 months mostly due to us putting him off. He continued to push us to be aware of the consequences and also the rewards for following his lead. All said and done when we completed the paperwork needed and finally got Bank of America to put the short sale process in motion. The short sale process closed in less than four weeks and a week later I had a check in hand for my FHA Seller Incentive. I would recommend Jim to anybody searching for any sort of needs in the real estate business as he is the kind of professional that regardless of your needs he either has or will obtain what is needed in order to get your needs fulfilled. In closure, I want to say to Jim from my wife and myself: Thank You very much for all that you did for us.”
Bryan and Katrina, former homeowners in Murfreesboro, TN

“Jim McCormack took on the job of trying to sell my house when it was sitting on the auction block. He was able to stop the sale with a short sale bid. The deed was erroneously transferred to the lender’s name. Jim was able to work out the problems that cropped up in over two years of fighting Bank of America’s bureaucratic bull. Over that period we both had a good look at institutions working with their right hand without clue as to what the left hand was doing. We also saw the lender arbitrarily change asking prices and refuse bids that were well within the norm for that particular region. Although I gave up, Jim never did. He kept pushing and pushing on my behalf. He recently closed the short sale on the house. What a load off my shoulders. He was also able to take care of my biggest concern, that the lender would hold me responsible for the out standing balance. That won’t be happening thanks to Jim. There is no way that I can express enough thanks for Jim’s patience with my lack of memory and emotional problems or explain how big the burden was when Jim finished the short sale. I would whole heartedly recommend contacting Jim if you are losing your house. He is the real estate man with the answers.”
Peggy R., former homeowner in Murfreesboro, TN

“We moved to and bought a home in Murfreesboro in 2006 due to a job transfer. Within 5 years the economy had tanked, the real estate bubble had burst, the banks were out of control, and our beautiful home that we had invested our life savings in was worth half what we paid for it. Our employer went bankrupt, and our job ended. We knew we had to short sale in order to keep the remaining savings that we desperately needed for retirement. We found Jim McCormack on the internet, were impressed with his credentials, and decided to take a chance. It turned out to be one of the best things we ever did! We had listed the house the previous year and had 2 lookers in 4 months; Jim sold the house in 3 weeks with 3 to 4 lookers a day! His knowledge of the short sale process and his ability to negotiate with banks is amazing! We started the process in December and had a closing in April. We are now happily retired in another state. Our only regret is that we didn’t find Jim 2 years ago; we could have saved ourselves a lot of stress and money. My only recommendation to others who find themselves in similar situations is: Don’t wait hoping that things will get better; call Jim today and get on with your lives.”
Sandy and Don, former homeowners in Murfreesboro, TN

“Jim is an exceptional real estate professional! I have worked with several real estate professionals and none of them have the diligence and knowledge that Jim has! He took a house that had been left in absolutely terrible condition with a foreclosure looming over it and actually managed to get it sold via a short sale and out of my life. Jim managed to overcome several obstacles put in our way by the Veterans Administration and Bank of America. Throughout the entire process Jim stayed in constant contact with the Veterans Administration, Bank of America and me in order to get the house sold. His tenacity with the Veterans Administration and its broken appraisal procedures was extremely commendable! I cannot praise Jim’s efforts enough and would recommend him to anyone!”
David and Misty, former homeowners in Spring Hill, TN

“Like many other families who purchased a home that was well beyond our budget, we found ourselves getting deeper and deeper in the hole. We thought we just needed time to adjust to our new debt, but we never could seem to get ahead. I started searching the web to see what kind of options were available. We had an adjustable rate mortgage that seemed to go up as often as allowed by our contract. We tried to refinance, hoping that we could reduce our monthly payment, but this was not possible since we financed 100% of the mortgage loan and owed more than the house was worth. We tried to explore the options to ask the bank of third party work with us to help us to be able to afford our mortgage. In the end, we were no further in reaching a resolution than when we first realized the trouble we were headed. We were told we made too much, we should be able to afford our mortgage and we were just stuck with our contract that we agreed to at closing. We were just at the point of giving up and letting the house go into foreclosure. We struggled with this because we had made a commitment and this was a dream come true for our family. We were ashamed and embarrassed of the situation we created for ourselves. Luckily, we came across Jim McCormack’s web site and decided to take a chance and see what he could offer that we had not already tried. In our first conversations with Jim, we were still skeptical in proceeding with anything that would, in some sense, make us feel better about the situation we found ourselves. It was with many conversations and reassurance from Jim, that we decided to take a chance and see what could be done to help us out of, what now, had become a nightmare. Jim talked us through each and every step of the way no matter how long it seemed to drag out or dead ends we seemed to reach. He committed to stay with us through the duration and help us with the best option for us, no matter what the outcome. Of course, he had to reassure us several times through the process because we had many bumps along the way. In the end, Jim stood by us and stood up for us while representing us and working with the bank and available short sale programs. He was a true blessing to us and we are very fortunate that we found him. I cannot imagine where we would be today, if we had not found him when we did. I can only guess that we may be in bankruptcy with no place to live, a foreclosure on our credit and with no hope of recovery. Jim did a fabulous job and we cannot possibly begin to express how thankful we are for him and all of his hard work. Thank you, Jim, for everything!!!”
Joi and Anthony, former homeowners in LaVergne (La Vergne), TN

“I met Jim McCormack during a difficult time in my life when I was dealing with a recent divorce and a degenerative spinal condition, which resulted in me becoming permanently disabled. Due to a reduced income and my condition, I could no longer afford to pay the mortgage and could not manitain the house. Therefore, I had to sell the home. Unfortunately, due to the declining real estate market, I owed more than the home was worth and eventually discovered that I would need to short sell the property. That is when I contacted Jim McCormack. Jim was extremely knowledgable, diligent, patient and caring. Due to Bank of America being very difficult and demanding too much for the house, Jim had to sell the house 3 times before the bank would accept the short sale. This did not deter Jim. He kept assuring me that he would get past this and he was right. Jim handled evertything, got both mortgage short sales approved, got me released from the mortgage debt and got the final short sale closed. Making things even better, the bank paid all of Jim’s fees so his services were free to me. I am so glad I called and met Jim McCormack. I would 100% recommend Jim McCormack for any real estate needs you may have. Jim: Please put 1 million gold stars on your website for yourself. You did great work!”
Jessica K., former homeowner in Murfreesboro, TN

“Mr. McCormack sold our house in a matter of a few months. He dealt with our lenders and handled everything with the short sale. We did not have to do anything. It was very painless and the best decision we have ever made! Thank you, Mr. McCormack!”
Kevin and Amy L., former homeowners in Murfreesboro, TN

“I would like to recommend Jim McCormack for any real estate transactions you may have. I met Jim during a low point in my life when I was forced to short sale my home. I wasn’t referred to Jim, I simply found him on the internet. Finding a good match to what you need on the internet is not always a 100% guarantee as you may know. However, Jim turned out to be a jewel. Jim is true professional with a vast amount of knowledge of real estate transaction. I have never been associated with an agent that worked as hard as he did for us. He treated us with the utmost respect, he assisted us with the many questions we had and was always there for us 7 days a week. Jim will be a blessing in your life if you choose to have him assist you whether you are buying or selling a home. I cannot say enough about his abilities except to say I would use him again and I would strongly recommend him to my friends.” (Note: This recommendation is from a homeowner client whose short sale I could not get approved due to a bad appraisal by the short sale bank.)
Don and Jackie Thomas, former homeowners in Hermitage, TN

“I had completely given up on being able to short sale my house when I came across Jim McCormack’s number while searching the internet. I gave him a call thinking it couldn’t hurt to see what he has to say about my situation. He completely took the process over and got it done. Jim’s persistent ability to cut through the red tape and deal with the big banks is incredible. It is impossible for the average person to wade through the current day short sale process, but Jim holds the knowledge and resources to make it happen. If you are in a short sale situation, Jim is your man.”
Michael R., former homeowner in Nashville, TN

“Jim was a real blessing to my family and I. We were put into a bad financial situation after a separation and job change. I was upside down in my mortgage and in one last attempt to sell my house I was introduced to real estate professional Jim McCormack. Mr. McCormack explained everything step by step to me. Mr. McCormack answered every question I could come up with via, in person on the phone and through e-mail immediately. I highly recommend Mr.McCormack’s professional and knowledgeable real estate experience to all.”
Toni Parker, former homeowner in Murfreesboro, TN

“Jim was a great help during my short sale proceedings. He took care of everything and really went to bat for me. He really made this transition seamless and easy. If you EVER have any need for any real estate help, I STRONGLY urge you to contact Jim. He really knows his stuff and does whatever it takes to make sure things move in the right direction and gets done. If unforeseen problems comes up he jumps right on it and makes sure his client is covered and doesn’t feel lost. He is very easy to work with and keeps his clients in the loop on everything throughout the whole process. Thank you so much Jim for everything.”
Craig Freeman, former homeowner in LaVergne (La Vergne), TN

“I had already made an appointment with a bankruptcy lawyer when I found Jim’s website. I was upside down in my mortgage and didn’t have much hope when I called Jim. He immediately made me feel better with his knowledge of short sales, and walked me through my application and guided me every step of the way. I not only couldn’t have sold my home without Jim, I wouldn’t have even known where to start. Don’t waste any more time feeling like you are being choked by your mortgage and worrying about foreclosure – call Jim!”
Diane, former homeowner in Antioch, TN

“I stumbled upon Jim’s web site at a very difficult time in our family’s finances. We were considering a short sale but we were very nervous, intimidated, and confused. I called him and he immediately responded, calming our fears about what the process would involve. Jim was extremely professional and thorough as he walked us through a process that was complicated by the fact that we moved to another state. He was extremely efficient as he helped us to navigate a normally complicated process. I was very nervous about dealing with a big bank, but Jim guided us step by step. Unbelievably, the big bank attempted to collect even after the short sale closed but Jim guided me on what to tell them. Not only did they back off, but they thanked me for doing business with them. I cannot thank Jim enough for helping our family to resolve a truly difficult situation.”
Jorge and Darcel, former homeowners in Murfreesboro, TN

“Without a doubt Jim McCormack is the most knowledgeable real estate agent you will ever work with; I cannot recommend him highly enough. I was thrown into a horrible situation personally and had no choice but to try to short sell my condo. Honestly I would never have gotten through the process without Jim. He seemed to work tirelessly to get all the paperwork pushed through and finalized. He knows every end of the short sale process better than the lenders themselves. With so many road blocks that come up, you’re lucky to have someone like Jim on your side because you wouldn’t get past them otherwise. Thank you Jim!”
Kathleen, former condo owner in Nashville, TN

“Jim’s knowledge, professionalism and ability to work with the the bank as well as the buyer’s agent made for an easy transaction. I would recommend Jim for anyone in any situation. Thank you again for everything!”
Jonathan and Mary, former real estate investors in Nashville, TN

“Jim McCormack was a Blessing to our family! We had to move out of state due to a family illness and only had two weeks to find someone to help us to sale our home. Jim McCormack was more than a salesman he was truly knowledgeable in the process of short sales and helped advice us throughout the entire process of the short sale on our home. Our mortgage lender made it very difficult and sometimes made the process seem like we could not understand what they needed from us, or what to do next in the process. Regardless, of our Mortgage Lender, Jim made the short sale of our home seem to go so smoothly and our minds at ease. He worked tirelessly and kept us updated throughout the whole process. I recall a time during the holidays that he called and even though he was out of town, with his family, he still called and advised us on what to do next in the process of the sale. It was never to early, to late, or a bad time when it came to keeping in touch with Jim on the steps we needed to take next. Each time we had a hiccup with our Mortgage Lender, Jim kept us calm and handled the entire process by making sure that we had no headaches. He remained patient with us and was always friendly and even though we were over 1000 miles away from our home that Jim was helping us sale we felt like everything was taken care of, Jim kept us updated through phone calls and emails. He never made us feel like we were a burden even though our mortgage company was anything but helpful. Jim McCormack did a great job in handling the challenges of our short sale and worked diligently to get it closed even when our mortgage lender made it very difficult. I would absolutely recommend Jim to any homeowner or property owner facing foreclosure or who needs to short sell their home or property. I feel sure you will feel as Blessed as we did, if you choose to let Jim McCormack help you sale your home!”
Keith and Tina Smith, former homeowners in LaVergne (La Vergne), TN

“Jim’s knowledge and professionalism made the process of a short sale much easier than I believed it would be. Each time we seemed to hit a brick wall and I thought it was a lost cause with foreclosure next he was able to bring the process back on track. His knowledge of the short sell process and his ability to deal with lenders and navigate their paperwork was exactly what was needed. I am very happy that I decided to go with him during this process. I would recommend him for anyone in this situation. I can’t thank him enough.”
Rhonda, former homeowner in Bell Buckle, TN

“Jim, from a person you will probably never meet. Thanks for staying focused and selling our short sale house. Thanks for being calm and professional during my pride challenges that could’ve sabotaged the final sale. I do recommend you. Thanks again.”
Kent, former homeowner in Bell Buckle, TN

“Jim has been a godsend during this difficult time in my life. After being transferred 900 miles away by my employer, I was faced with the idea of trying to sell my house in a neighborhood where nothing was selling or trying to turn it into a rental, losing hundreds of dollars a month. After consulting Jim, he helped me realize that a short sale would be the best option. It has been almost a year since the process began and I won’t sugarcoat it and say that it has been easy, but I can say I wholeheartedly believe that having Jim by my side has made it as easy as possible. He has the knowledge, drive and experience to help guide you through the process. Even though my property wasn’t high end by any stretch, he always made me feel just as important as his million dollar clients. Having Jim there to guide me through it all was fantastic and I would recommend him to anyone.”
Kelly, former townhome owner in Antioch, TN

“James McCormack provided me with excellent service when I was attempting to short sale my home after my husband died. He was very knowledgeable and quick to respond to any phone calls or e-mails from me. I would highly recommend him to anyone trying to sale their home through a short sale process.”
Jamie McGlaun, former homeowner in Smyrna, TN

“I had a short sale situation that seemed impossible. I have a high income and the house was completely underwater. Jim did some impressive negotiations with the bank, he was incredibly organized, everything was in writing, and he guided me with excellent strategy to make the arrangement workable for all parties. He is very prompt in returning emails and phone calls, you never have to wait and wonder what is happening. He stayed with me through a very difficult, sometimes seemingly impossible, negotiation and got it done despite huge odds. I recommend working with Jim on your short sale.”
Jacqueline, former real estate investor in Antioch, TN

“I contacted Jim on the brink of foreclosure and when I had reached my maximum frustration level with the lender. Living 3,000 miles away didn’t help the already absurdly cumbersome process either. I turned everything over to Jim with some reservations, initially, but he quickly eased my mind with his evident knowledge and experience in this area. I appreciated his aggressiveness with the lender and as a first time home-buyer/seller, he counseled me in areas I was not so familiar in. All in all, he made the process easy on my end and because I lived out of state, all was done over the phone and/or email. What I appreciated the most was that he was there to answer any questions I had and he always returned my calls or emails within a reasonable amount of time, if not that day. It feels like such a blessing to find someone trustworthy who will work hard for you. I would not hesitate to recommend Jim to my friends and family.”
DJ, former condo owner in Nashville, TN

“Mr. McCormack worked very hard on my short sale. Dealing with a lender that was being very difficult he was very patient and professional throughout the entire process. He took care of everything as far as talking with the lender and preparing documents that needed to be signed. I would highly recommend anyone to him that is facing the daunting and difficult decision to short sell their home.”
Ryan, former homeowner in Hendersonville, TN

“Jim did an amazing job of driving our short sale from bank approval to successful close, which was no small feat. This process requires a true short sale expert, an agent well versed in navigating the murky waters in the short sale process. During the entire process he was informative, supportive, knowledgeable and showed a high degree of professionalism. We were quite pleased with the outcome and successful completion of this short sale. Thanks to Jim, we can now close this tough chapter in our lives and move forward. It is our pleasure to recommend Jim in any real estate transactions. Thank you Jim! Warm Regards, Carl and Celia.”
Carl and Celia S., former real estate investors in Smyrna, TN

“Jim’s expertise in real estate was invaluable to us when we sold our home. He was easily accessible and responded quickly to all of our questions. It was a complicated process that required vigilance and regular communication with all parties, and because of his hard work we were able to sell our home.”
Owen and Allison, former and current homeowners in Nashville, TN

“Working with Jim McCormack in the sale of our house was a very rewarding experience. The sale of our house was not as simple as most and required some additional negotiation with outside parties. Jim not only handled all aspects of the sale but was front and center in those negotiations and helped steer us through a complicated process that we would have had difficulty understanding on our own. Although he is not a lawyer, he understood and explained several legal related issues to us that made the process much easier than it would have been otherwise. I highly recommend Jim for any and all real estate transactions that you may have.”
Steve and Lisa, former homeowners in Brentwood, TN

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Jim McCormack is a Murfreesboro Real Estate Broker who provides Expert Real Estate Solutions for for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville, Clarksville and Middle Tennessee (Davidson, Maury, Montgomery, Robertson, Rutherford, Sumner, Williamson and Wilson Counties) Homeowners and Real Estate Investors Facing Foreclosure and Needing to Short Sell Their Homes and/or Investment Properties. Jim Specializes in Short Sales and Foreclosures and Providing Sellers Short Sale Help and Foreclosure Help. Jim’s Help is Free to Nashville TN Short Sale Sellers. Jim Helps Sellers Stop Bank and Mortgage Foreclosure with a Short Sale, or a Fast Cash Offer. Avoid Foreclosure by Working Directly with a Nashville Tennessee Real Estate Expert and Investor who is Uniquely Skilled, Honest, Compassionate, Caring and Exceptionally responsive to the needs of his clients. Jim Encourages You to See What His Clients Say About Him. For Buyers, Jim understands the Various Nashville Tennessee Housing and Investment Real Estate Markets Extremely Well and is Particularly Skilled at Assisting Buyers with Determining the Market Values of Homes and Investment Properties. Due to that Real Estate Valuation Expertise, Jim can Help Nashville Home and Investment Property Buyers Get Fantastic Deals on Their Nashville Area Real Estate Purchases.

HUD Pre-Foreclosure Sale Program for FHA Short Sales – How to Sell Your Nashville House if You Are Underwater and Have an FHA Insured Mortgage Loan

Many financially distressed homeowners who are facing foreclosure and considering a short sale will be affected by the New FHA Short Sale and HUD Pre-Foreclosure Sale Program Guidelines. One of the biggest changes is that mortgage servicers are no longer going to be able to postpone scheduled foreclosure sales when the Borrower has an FHA insured mortgage loan unless they already have their house under contract to sell to a buyer.

Some background information on the FHA and their short sale program…

The Federal Housing Administration (FHA) of the department of Housing and Urban Development (HUD) insures mortgage loans to qualified borrowers. FHA aims to maintain a stabilized housing market even during economic crisis by providing access to mortgage credit. However, they have seen deep financial troubles and at the expense of taxpayers, the government makes an effort to keep the hopes of home buyers high.

Several of the loans offered by FHA to subprime borrowers have met bad fate. It is believed that FHA insures approximately 30% of the mortgage loans and a collapse in their functioning will have a considerable impact on the housing market. Many of the FHA insured loans have also undergone foreclosure.

An FHA insured mortgage loan can benefit from a short sale program.

What is a Short Sale Program?

For an FHA insured mortgage loan, a HUD Pre-Foreclosure Sale Program (HUD PFS Program) can be adopted. Since FHA is a part of the HUD department, alleviating the pressure of foreclosure becomes easy. With a HUD PFS program, the financial distress upon the homeowner can be mitigated.

Under a short sale or pre-foreclosure program, the borrower is permitted by the lender to sell off the property at a rate lower than the market value thus preventing a foreclosure. Short sale is a privilege that helps protect the borrower from being shelter less and from developing a dent in the credit history. A foreclosure indicates that the lender has undertaken a legal action against a borrower and is forcibly selling off the property, leaving a mark of inability to make mortgage payments in the credit history of the borrower.

Several home owners are not aware of their status: Do we qualify for a HUD Pre-Foreclosure Sale Program?

Who Can Help You?

Jim McCormack, a REALTOR and a short sale and foreclosure specialist can lend his services to help you not only determine whether you qualify for a HUD PFS program, but also to help you at every step of the process. The broker and real estate problem solver has successfully helped many home owners undergoing financial stress.

When the first Loan Servicer to the residents of 604 Kendrick Ct, LaVergne, in Tennessee was the Bank of America, their case for a short sale program was gravely mishandled for a period of several months. Recipient of the FHA insured loan, the 604 Kendrick Ct dwellers gained advantage of the HUD Pre-Foreclosure Sale Program. With the assistance of Jim McCormack, the property was sold in a period of 117 days for $50,000. Both the borrower and the seller were fully released of the mortgage loan.

Seeking the advice and assistance of a REALTOR who has previously handled HUD Pre-Foreclosure Sales Programs, can give the financially distressed borrower an advantage.

Advice and support from Jim can be valuable. With experience in the field, he understands well the mechanism of the real estate market. Jim is unique because he has a compassionate attitude towards his clients and works with complete honesty.

If you require help with a short sale please call Jim today.

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Jim McCormack is a Nashville Real Estate Broker who provides Expert Real Estate Solutions for for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville, Clarksville and Middle Tennessee (Davidson, Maury, Montgomery, Robertson, Rutherford, Sumner, Williamson and Wilson Counties) Homeowners and Real Estate Investors Facing Foreclosure and Needing to Short Sell Their Homes and/or Investment Properties. Jim Specializes in Short Sales and Foreclosures and Providing Sellers Short Sale Help and Foreclosure Help. Jim’s Help is Free to Nashville TN Short Sale Sellers. Jim Helps Sellers Stop Bank and Mortgage Foreclosure with a Short Sale, or a Fast Cash Offer. Avoid Foreclosure by Working Directly with a Nashville Tennessee Real Estate Expert and Investor who is Uniquely Skilled, Honest, Compassionate, Caring and Exceptionally responsive to the needs of his clients. Jim Encourages You to See What His Clients Say About Him. For Buyers, Jim understands the Various Nashville Tennessee Housing and Investment Real Estate Markets Extremely Well and is Particularly Skilled at Assisting Buyers with Determining the Market Values of Homes and Investment Properties. Due to that Real Estate Valuation Expertise, Jim can Help Nashville Home and Investment Property Buyers Get Fantastic Deals on Their Nashville Area Real Estate Purchases.