Special offer
Home > Blogs > Ray Saenz > Laredo, TX Homes for Sale in Laredo, Texas Realtor
bookmark_border

When is time for a Short Sale?

By
Real Estate Agent with Exit Realty Laredo 657593

When is time for a Short Sale?

Unluckily, short sales have been common these days on many states, here in Colorado, they are a bad REALTY for many home owners, usually home owners they own more than their home is worth

There are some factors that could drive you to a short sale.

* Pay option ARMS (No Equity thanks for the minimum payment option).
* 100% Financing (No Equity).
* Buyer's Market (Usually depreciation and excess of inventory).
* Homes bought over priced (Inflated appraisals).
* Refinanced to 100% or more than 100%.
* When you are in a Buyer's Market and you are not able to Refinance your home.
* Your economic situation is upside down and you are not able to afford the mortgage payments (late mortgage payments).
* Net proceeds do not cover Realtors Fees and closing costs.
* You are passing through a divorce.
* Job Transfers.

If you are facing one of these problems, please call a Realtor with enough experience on this Branch "Short Sales" you have a choice to elect to sale your home as a "Short Sale", you will avoid "Foreclosure".

What Does a Realtor Need be successful on Short Sales?
When is time for a Short Sale?
Tips to influence a BPO (Broker Price Opinions)
Phone Numbers to work on your short sale
Short Sale Documents List From Seller
The don'ts of a Short Sale
The do's of a Short Sale
Short Sales are good if you know how to handle them


Aurora Colorado Real Estate Aurora Colorado Homes for Sale Colorado Spanish Speaking Real Estate Agent Realtor 

Comments (8)
Subscribe to CommentsComment

Submit
Show All Comments
Katrina Madewell
Charles Rutenberg Rlty- More than 5,000 agents(813) 777-1196 - Tampa, FL
Tampa FL Homes for sale | Tampa Bay - (813) 777-1196
Yes Indeed!  We are Qualified in the Tampa, FLORIDA market.  Just had one last month.
May 31, 2007 07:03 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor
Katrina :) thanks for your comment and stopping by,  Well, I love to help people specially when they are in really serious problems here in Colorado.
May 31, 2007 07:05 PM
Leon Austin
Mobile Notary Services - Colorado Springs, CO
Colorado Springs Mobile Notary
Ray, this is good information. A good topic for localism too.
May 31, 2007 07:32 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate
We still have quite a few short sales in the Las Vegas market. From a listing perspective, they're challenging - both financially and emotionally. Hopefully the public will be better educated about some of these pitfalls the next time around.
May 31, 2007 07:36 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Leon, Yes, thanks for stoppinb by and for your comment, I hope that many consumers get informed about this :)

 

May 31, 2007 07:55 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

John, Well, that was the main reason that I decided to write about it, I have been writing some good information about short sales, thanks for stopping by and your comments, take care John :P

 

May 31, 2007 07:56 PM
Julio Anchante
Century 21 M & M and Associates - Vacaville, CA
CRS, Vacaville, CA - Home Search

Short Sales if you like a challenge and patience it's a great way of helping others in a time of need.

Keep up the good work.

May 31, 2007 08:11 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Julio, Agree, thanks for stopping by and your comments :) keep the good blog !

 

Jun 01, 2007 04:15 AM
Back to Top

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?