Many Santa Monica Short Sales start with the tough decision of whether it is right to sell your home. For someone who has seen the value of their home greatly diminished this can be a hard question to answer. At Toni Patillo and Associates we have found a great tool called the Break Even Calculator to help make this a much simpler process.
This free tool we provide on our website and at 123BreakEven.com requires only a few minutes of your time but provides with invaluable information. Simply enter in some basic information about your current mortgage including balance and interest rate and you will have a current market value in minutes. If you live in a condo, apartment, or gated community it is important to include any monthly association fees as well. Your current property value will be included in a packet that will tell you how long it will take to break even on your property. If more homeowners were aware of this free tool I can only imagine how many Santa Monica Short Sales would be closed every day! Even if you are not behind on your mortgage negative equity and a valid hardship is enough for most Santa Monica Short Sales. This packet will provide a big picture view of how long it will take making your payment before breaking even or if you will ever get back to even. Completing Santa Monica Short Sales is always with the best interest of you the homeowner and this tool gives you that information. This tool may have even prevent some Santa Monica Short Sales if the homeowner is able to make their payments and break even quickly.
If you are stuck on the fence about selling your home take a minute to try this free tool today. As a leader in Santa Monica Short Sales we want to give you as much information as possible to make your decision. This tool gives you the facts and the confidence to move forward.