REMAX Properties is there for consumers needing to execute a short sale Jupiter, Florida

Are you ready to short sell your home?

Not sure what a short sale is? A short sale happens when the amount of the outstanding loans are greater than the amount for which the home could sell. Short sales are usually caused by home prices in an area rapidly declining.

Short sales may be a way for homeowners to avert foreclosure and pay off their loan with the lender by settling.


How do I proceed with a short sale?

First, assess the true market value of your property. A good real estate professional, like those at REMAX Properties, will be able to give you a good idea of what your property should probably sell for based on a market analysis. Be careful of websites where a computer estimates your house's market value since they may not have complete information or know important things like neighborhood trends and current listings.

When you're ready to get started, contact me through my site or e-mail me. I'm happy to answer questions you have about real estate short sales.

Next, be sure to figure in your closing costs. The qualified agents at REMAX Properties will take into account fees including title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, contact your lender and tell them of your situation. They may even have a dedicated department that oversees short sales. Ask about their exact steps. Some lenders will be more willing to work with you than others. They may be able to decrease how much you owe or make other arrangements. Your lender will have to approve the final sale.

 

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