In pursuing good business practices in a Seattle foreclosure process one needs the opportunity to stop foreclosure at any time, deal with lender, and learn of the advantages of a distressed sale. A distressed seller should also check on the ways a foreclosure may be stalled. A truly experienced distress sales realtor can help eliminate and explain all possible contingent deficiencies. They can direct you to people who can answer any legal questions that may pop up at any juncture of sale. Finding a realtor experienced and qualified in distress sales is the key ingredient to take as much pain and heart-aches out of the process. An experienced distress sale professional can identify all discounts possible from any local lender.
With an experienced distress or short sale professional a distressed seller has the best opportunity to eliminate high mortgage payments,
expand monthly cash flow, and relieve hundreds, even thousands of dollars of debt. The right realtor could help a distressed seller to enjoy an elimination of debt (getting rid of collectors phone calls and visits--forever). Most Seattle short sales are full settlements (note that if you have a second mortgage, a distressed real-estate pro is needed even more, for many times a foreclosure is needed to relieve additional debt (i.e. the second mortgage or taxes on unreleased settlements. An experienced distress pro will;l refer seller to accountant or attorney for total relief.