Waltham short sales provide an opportunity to pick up a home for potentially significantly less than the
home's market value. This is also a great opportunity to get into one of the Metrowest suburbs, as Waltham already is one of the more affordable Metrowest suburbs that is still very close to the city of Boston. For those who are still not sure what a short sale is, a short sale is a sale in which the bank agrees to take less than the amount of money owed on the mortgage of a home. Waltham short sales usually end up being a win-win situation for banks and for home owners. For home owners "upside down" in their mortgages, meaning they owe more than their home is currently worth, this can be a much better option than foreclosure.
First and foremost, Waltham short sales are a good thing for the buyer, because they provide them the opportunity to get into an already affordable Metrowest community for under-market or close to market value and get them into a home they may otherwise not have been able to afford.
Waltham short sales are a good thing for home owners because otherwise they would not have been able to sell their current home because their current home is not worth enough to cover the balance of their mortgage. Unless they had a substantial savings, and were willing to pay the difference, they would have been faced with foreclosure. Another reason short sales are a benefit for homeowners is because they do not affect a home owner's credit nearly as much as a foreclosure. Waltham short sales can also allow a homeowner to buy a home much sooner than if they had a foreclosure on their credit history.
A Real Estate agent wins in a short sale situation because they would have otherwise not gotten a commission from a home that would not have been sold because it would have been put into the foreclosure process. The Real Estate agent also wins in a short sale situation because they have the benefit of getting to help homeowners meet their goals of selling their home and not facing foreclosure.
Waltham short sales also benefit banks because the bank is able to re-coup more of the mortgage than if the home had went into foreclosure. It is much cheaper for the bank to take a small loss on the mortgage than pay to get a home ready for foreclosure!
As an agent who is committed to providing stellar service in the Metrowest communities with many years of experience please let me know if you have any questions or would like more information about Waltham short sales. The least expensive single family Waltham short sale today was $230,000. The least expensive condo Waltham short sale today was $189,900. Finally, the least expensive multi-family Waltham short sale was $240,000. These are all well below or close to market value and many are priced less than what the property has been assessed at for the tax year. These properties offer a great opportunity for buyers. Please contact me to talk about your purchase of one or many Waltham short sales today!
Sincerely,
Christian R. Heide - Real Estate Agent
"Your Real Estate Advisor For Life"
1318 Beacon Street, Suite 16
Brookline, MA 02446
207.838.9332 (mobile)
617.232.3220 (office)
617.608.1632 (fax)
Christian@fitkova.com
www.fitkova.com
Referrals are the biggest complement I can receive. If you or someone you know is looking to buy, sell, or lease a home please contact me.
Follow me on Facebook!
www.facebook.com/YourRealEstateAgentChristianHeide
Follow me on Twitter!
www.twitter.com/ChristianHeide
Follow me on LinkedIn/In/ChristianHeide
Comments(0)