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Is a Short Sale An Option For Me?

By
Managing Real Estate Broker with Maxus Realty Group of Samson Properties Broker - Realtor - CEO

I invite you to read my eBook about short sales.

It was written about 3 years ago and was downloaded thousands of times on the Internet

What Is A Short Sale?

A short sale is a sale of of a property in which the sale proceeds fall short of the balance owed on the property's mortgage.

It occurs when a borrower cannot pay the mortgage to their property, and the lender decides that selling the property at a moderate loss is better than pressing the borrower culminating in a foreclosure where everybody loses.

It is a WIN-WIN-WIN situation when negotiated well. .

 

Please click in the picture to start reading it. .

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Fernando Herboso

240-426-5754

Fernando@Herboso.com

Laura Giannotta
Keller Williams Realty - Atlantic Shore - Little Egg Harbor, NJ
Your Realtor Down the Shore!

I haven't read it yet...but will!  Also stopping by to wish you a Happy Thanksgiving! 

Nov 24, 2010 03:28 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Fernando - You are absolutely right, short sales can be a win win for everyone.  My buyer clients just closed on one last week and it took almost 10 months, that was by far the longest my clients have ever had to wait, but it was well worth it.

Nov 24, 2010 07:55 AM
Kenneth Cole
Weichert Realtors Appleseed Group, 2043 Richmond Ave. S.I.N.Y. 10314. office phone 718-698-9797, Appleseedhomes.com... - Staten Island, NY
NYS Licensed Real Estate Salesperson

Very good information.  I'm bookmarking this.  Thank you.

Nov 24, 2010 10:04 PM