Can you stay in the house while a short sale is being worked out with your lender? Yes! Actually, your lender usually prefers you stay in the house, even if you are not paying the mortgage. Call Dave Halpern, Broker to help you avoid foreclosure in Louisville KY.

1. 1 Can I Stay In The House While A Short Sale Is Being Done? Can you stay in the house while a short sale is being worked out with your lender? Yes! Actually, your lender usually prefers you stay in the house, even if you are not paying the mortgage. Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2011 (502) 664-7827

2. 2 Can I Stay In The House While A Short Sale Is Being Done? Why Does The Lender Want You Stay? If you stay in the house, you are protecting the house, which means you are protecting the lender’s investment. Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2011 (502) 664-7827

3. 3 Can I Stay In The House While A Short Sale Is Being Done? Here’s how you help the lender by staying in the house: You are keeping the heat on, thereby protecting the house from freezing pipes and water damage. This is very important in the Louisville, KY area. You are keeping the house ventilated, thereby reducing risk of mold. By occupying the house you are reducing the risk of vandalism. By keeping the lawn mowed you are keeping the county inspectors from attaching penalties against the house that eventually your lender may have to pay. You are maintaining the house as a home, rather than leaving it as an abandoned property. Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2011 (502) 664-7827

4. 4 Can I Stay In The House While A Short Sale Is Being Done? All your simple actions of staying in the house help protect the lender from additional losses. Some lenders stipulate that you MUST stay in the house to qualify for the short sale. Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2011 (502) 664-7827

5. 5 Can I Stay In The House While A Short Sale Is Being Done? Sounds Unlikely The Lender Will Want You To Stay In The House? One easy way to find out is to call your lender and ask. You must get transferred out of the collections department to a department that is set up to help you avoid foreclosure. These departments have a variety of names; Home Retention Dept., Foreclosure Workout Dept., Short Sale Dept., or Loss Mitigation Dept. Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2011 (502) 664-7827

6. 6 Can I Stay In The House While A Short Sale Is Being Done? You should also confirm your decision with an attorney. Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2011 (502) 664-7827

7. 7 Can I Stay In The House While A Short Sale Is Being Done? So what's the next step? If you are in the Louisville, Kentucky area, please call Dave Halpern, Real Estate Broker, for help with your short sale. Put a short sale Realtor specialist on your side. Your lender typically pays all commissions and closing costs, so you don’t have to. You have options. Please call me today. (502) 664-7827 Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2011 (502) 664-7827

8. Short Sale – Why Dave Halpern? Most importantly, everyone in our organization cares about helping clients avoid foreclosure. Track Record! We close dozens of short sale listings each year Enthusiastically satisfied clients – many testimonials Capable Trained Experienced Organized Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2008-2009 8

9. 9 Short Sales – Why Dave Halpern? Systemized Has full in house team of four that negotiates and processes short sales Again, most importantly, everyone in our organization cares about helping clients avoid foreclosure. Our goal is to help you get the house debt out of your life and have their lender forgive their deficiency, in writing! We have helped many sellers in Jefferson, Bullitt, Oldham, Shelby and Nelson Counties We typically get the foreclosing lenders to forgive $30,000 to $200,000+ of debt above the sales price! Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2008-2009

10. 10 The Goals of a Short Sale Avoid Foreclosure Debt Relief The Least Damage Start The Rebuilding On The Best Available Terms Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2008-2009

11. MORTGAGE ASSISTANCE RELIEF SERVICES DISCLOSURE The following disclosures are being made pursuant to the Federal Trade Commission’s Mortgage Assistance Relief Services (“MARS”) Rules (16 C.F.R. Part 322). IMPORTANT NOTICE: Before using this service, consider the following information: LouisvilleShortSaleExpert.com does not and cannot charge you any upfront fees in conjunction with listing to sell your house via a short sale. LouisvilleShortSaleExpert.com is not associated with any government agency or program, and our company is not approved by the government or your lender(s). Even if you accept this offer and use our service to sell your house via a short sale, your lender may not agree to change your loan or approve the short sale. LouisvilleShortSaleExpert.com is not and will not provide you with legal advice or representation. At this time no one knows how long it will take to complete the short sale. There is no guarantee that the short sale or any other type of mortgage assistance relief service will be approved by your lender(s). You may stop doing business with us at any time with regard to the short sale, our short sale negotiation services or real estate brokerage services which are being provided to you as a part of our effort to get your house sold. Real estate commissions and/or short sale negotiation fees will apply only if you accept the short sale offer from your lender or servicer. The fees will be agreed upon engagement of the Realtor. These fees and commissions and all other fees associated with the short sale of your house will be listed on the HUD 1 closing statement. If you stop paying your mortgage, you could lose your home and damage your credit rating. Any decision to stop or limit communication with your lender should be determined by you and your legal counsel in accordance with the Fair Debt Collection Practices Act. Contact Dave Halpern, Tel. (502) 664-7827 www.LouisvilleShortSaleExpert.com Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2008-2009-2010-2011 11

12. 12 Contact Dave Halpern Tel. (502) 664-7827 www.LouisvilleShortSaleExpert.com Dave Halpern www.LouisvilleShortSaleExpert.com Copyright 2008-2009