Do well by doing good
We deliver a real solution to property owners that can help eliminate mortgage debt, avoid foreclosure, and prevent eviction. Sapphire Investment Properties’ business model is straight forward. First and foremost, we charge you absolutely nothing for our services. Sapphire Investment Properties assists property owners who cannot reasonably afford to continue making their mortgage payments, and who owe more on their properties than the current market value.CONTACT US
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You should always consult licensed professionals in those areas.
However, Sapphire Investment Properties will help you review the options and decide which path makes the most sense for you, at no cost to you. If you decide to pursue a short sale, we will provide significant assistance in the process.
We will help you compile a complete short sale package, including all the necessary documents that the bank will require, and we will negotiate the purchase price and terms with the lender.
Prevent a foreclosure and the subsequent eviction of the property owner. Negotiate with the bank to eliminate the property owner’s mortgage debt. Assume all costs related to listings and marketing. All costs related to the sale are paid by the bank. Providing assistance in finding a new place to live.
Sapphire Investment Properties does not offer advice or consultation regarding accounting, bankruptcy, or legal issues.
Home affordable foreclosure alternatives
In February 2009, the Obama Administration introduced the Making Home Affordable Program(www.makinghomeaffordable.gov), a plan to stabilize the housing market and help struggling homeowners get relief and avoid foreclosure.
In March 2009, the Treasury Department issued uniform guidance for loan modifications across the mortgage industry and subsequently updated and expanded that guidance in a series of policy announcements.
HAFA is the only standardized short sale program adopted by multiple national lenders and servicers, including Fannie Mae and Freddie Mac, that includes mandatory debt forgiveness by all lien holders.
Documents Needed For Short Sale
In order to begin the short sale process, you will need to provide all of the following documents, as soon as possible:
- Last mortgage statement
- Last two bank statements
- Last two years’ tax returns
- Last two months w2 / 1099 or other proof of income
- Signed 3rd party authorization form
- Hardship letter in regards to specific address
- Form 4506-T filled out and signed
- Any Liens
- MORTGAGE ASSISTANCE FORM
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FREQUENTLY ASKED QUESTIONS
A short sale is typically executed to prevent a foreclosure. It is the sale of a home when the sale proceeds do not fully pay off the existing loan(s) and the lender(s) accept a discounted payoff to satisfy the loan(s). Lender negotiations are critical and require the expertise, experience and strong working relationships with mortgage companies and banks that are provided by short sale agents such as Sapphire Investment Properties Inc.
The impact of a short sale on your credit is much less severe than with a foreclosure. Also, if buying a home is something you’d like to do in the future, if you successfully complete a short sale, in most cases, you may again qualify for a mortgage in as little as 18 months.
A short sale is typically faster and less expensive than a foreclosure and when you use the agents at Sapphire Investment Properties Inc. to facilitate your short sale, there is NO COST to you.
- Unemployment or the loss of a primary income source
- Inability to work due to a health issue
- Business failure
- Death of your spouse or significant other
- Moving and cannot keep up payments on two properties
Complete our Contact Us form or call us at 818-509-0900. We’ll answer all of your questions and you are under no further obligation.