Short Sales Underused in Laclede County, MO


Are short Sales Underused in Laclede County MO?

I personally believe that many struggling homeowners in the Laclede County, MO area are not tapping into the option of a short sale or even loan modification.  In the Lebanon, MO mls there are currently over 430 residential listings and of those only 7 are short sales.  Statistics tell us that one in six are behind in their home loan payment.  If we were to say that one in twenty locally, that are currently listed, are in this situation, that would be over 20 homeowners who are getting foreclosure notices. That means that thirteen homes families will go into foreclosure without even appying for the help that is out there. 

Is this a real estate profession problem?  YES!  Is it a public relations problem?  YES!   Is this a community problem?  YES!  Is this my problem?  YES!  How do I fix this problem?   I am starting now to get the information out there to the home owners who need it by posting blogs, fliers, sending out emails to my sphere and reminding my current and past clients that this is what I offer. 

Short Sales and loan modification can help the people of Laclede County, MO!  I have closed two short sales in the last six months and both have been with the deficiency clause removed.  I am excited about what being a CDPE (Certified Distressed Property Expert) offers me in continual training and information about this changing avenue for struggling home owners. 

I am in this industry to be a servant to the people.  Yes, I get paid, but, always my best reward is helping those who need it.  Sometimes that is finding the perfect first home, other times it is down sizing for the aging couple or widow and sometimes it is fiding the dream home. And in these tough economic times, sometimes it is listening to a person who has, for one reason or another, found themselves in a situation that they never expected to be in- the possibility of losing their home.  In this case it is my job to listen, evaluate the situation and give options.  One of which might be a short sale but it could even mean loan modification or a simple sale if enough equity exists.  It is our job to help explore these options.

check out these short sale listings;



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Sherrie Raef