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crofton maryland real estate maryland short sale: Do You Qualify for a Short Sale on your Crofton home? - 09/27/09 08:07 AM
Owing more than your home is worth in today’s Crofton real estate market is just one of the factors determining whether a lender will approve your short sale.  That alone is not enough to qualify for a short sale. 
According to America's Home Rescue, you must first be able to satisfy your lender(s) regarding these three factors before most lenders will consider your short sale application:
1.  You are behind in your mortgage payments. 2.  You have a genuine hardship. 3.  You have no equity in the property.

In fact, some lenders have a much longer list and they all require … (3 comments)

 
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Margaret Woda, Maryland Real Estate & Military Relocation Services

Crofton, MD

More about me…

Long & Foster Real Estate, Inc., Crofton, MD

Address: 2191 Defense Hwy., #120, Crofton, Bowie, and Davidsonville, MD, 21114

Office Phone: (410) 721-1500

Cell Phone: (301) 346-2923

Email Me

Real Estate and community information for homebuyers, sellers, and rookie agents in Bowie, Crofton, Crownsville, Davidsonville, Fort Meade, Gambrills, Odenton, Millersville, and the U.S. Naval Academy in Annapolis. Proven systems - combining local expertise, professional experience, and technology - to give you a competitive edge when you buy or sell a home.

EHO



Margaret Woda




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