When to Consider a Short Sale
By admin | September 16, 2008
If you owe more for your house than it is worth.
If you are behind in your monthly payments.
If you can’t afford your home.
If you are looking at a foreclosure, or bankruptcy.
If all or any of these are true, then you want to consider a Short Sale.
A successful Short Sale can get your mortgage holder to accept less than what you owe in order to prevent foreclosure, while eliminating your debt so that you no longer owe for your home.
This saves you from a foreclosure on your credit record, eliminates the mortgage debt for your home at the same time that it gets you out of the home when you can no longer afford it. It can often be the best solution to a bad situation.
But most realtors are not experienced in Short Sales. You need a realtor that is. At Concord Real Estate we have considerable experience with successful Short Sales.
Topics: Palm Coast Short Sales | Comments Off
Palm Coast Short Sales
By admin | June 25, 2008
Palm Coast Short Sales are currently having a big impact in the Palm coast Real Estate market. Owners who currently owe more than their house is worth and cannot afford the payments yet do not want to go into bankruptcy are many times very willing to make a short sale. Banks that previously might have been unwilling to agree to the short sale are because of the economic climate much more willing to consider the short sale and write off the loss that might occur rather than have the property go into foreclosure.
Although the circumstances that would force a current owner to consider a short sale are not happy ones, the short sale may very well offer the best solution to every one involved, while offering an opportunity to the buyer. If you are a buyer in todays market and are considering short sale properties contact Concord Realty and we will help you find the best short sale properties on the market. Plus our expertise will help ensure the deal goes through.
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Topics: Palm Coast Short Sales | Comments Off