Short Sales:The brief definition of a “short sale” is when the owner of a house owes more to the bank(s) than the house can be sold for, and therefor a sale requires the bank to release the lien for less than full value.My House is Worth Less Than I own on it. What can I do?The comforting thing to know if you are a homeowner that owes more on your loan then your house is currently worth is that you are not alone. An estimated 22% of homeowners across the country are underwater. If you can make your payment and want to stay in the house you live in, then it really is something that you might just not think about.But what do you do if you can’t make the payment…or if you need to move for some reason (job change, divorce, etc…?)Well, maybe a short sale is right for you.
I have been working with people both buying and selling short sales for a number of years now. And what I can tell you is the process is much easier to get through now than it was 3-4 years ago. If you, or someone you know could benefit from getting out from under an underwater mortgage…let me know and I will see what I can do to help. Your contact with me will be kept strictly confidential. The professional consultation is free. No matter how fun or depressing you may find your real estate situation at this time, it is my goal to not only provide the best advice possible, but to also make you laugh in the process.
Because a key to happiness is to be able to laugh in the bad times as well as the good times.
www.AgentInAKilt.com is the home for information on the Ashland Real Estate Market.
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Filed under: Foreclosure, Real estate Tagged: | advice, foreclosure, general real estate, short sale
