Short Sale your Greensboro house to stop foreclosure and preserve the low foreclosure rate

Jan. 11, 2009 - PRLog -- Buyers of Charlotte was founded in Greensboro fellow resident city Charlotte in North Carolina.  BofC has noticed that Greensboro has one of the lowest foreclosure rates in the nation, as well as, North Carolina.  That interest has led BofC to expand their buying power to the Greensboro – Guilford county area. Foreclosures aren’t a big problem and doing a short sale in the area will keep the rate down.

A short sale is when a homeowner’s lender agrees to discount the mortgage owed to an amount that will allow a faster sale to avoid the foreclosure process.  Short sales are becoming common due the excessive amount of foreclosures that low neighborhood values.  Lenders are open to a short payoff since the process can save a lender thousands of dollars, according to BofC a short sale specialist company that adapted to the foreclosure market.

Homeowners are ecstatic because the short sale allows them to sell a home they otherwise wouldn’t be able to sell by creating equity to make the deal works, when they are behind on payments with little to no equity.  Greensboro – Guilford county homeowners that need more information about short sales can get more information by going to http://www.buyersofcharlotte.com/short-sale.htm.  The homeowners that need to sell their house fast because they are behind on payment with little to no equity can http://www.buyersofcharlotte.com/stop-foreclosure-greensb....  Homeowners can also submit their information by phone toll free at 888-219-8619.

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Donte Mazyck is the acquistions manager for Buyers of Charlotte a web based company that buys houses. Buyers of Charlotte isn't a realty company or a real estate agency but is a company that buys houses and use short sales to create equity in houses that normally would sell because they are upside down.