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In RI we call them Short Sails | Short Sales

By
Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate

In RI we call them Short Sails | Short Sales.  Whether you know the difference in homonyms between short sails and RI short sales in RI real estateshort sales, I am here to clear the rough waters of explanation.  If you have a RI sailboat and are having trouble paying your personal loan, I can not help you much with your short sails....but if you have a Rhode Island real estate home payment issues, I certainly am here to keep you out of foreclosure.  In fact a short sale is a much better alternative than foreclosure.

Speaking to a few potential short sale clients his past week, I wanted to make sure these homeowners understood that walking away from their home was not the right solution for them.

 A foreclosure hurts your credit immeasurably for years, puts off buying a home with a Fannie Mae loan for at least 7 years, the lender can come after you for the monies they lost on the mortgage balance you owed on the home and there is no forgiveness of mortgage debt.  It is not the best solution for any homeowner.

Not being a sailor, I know little about short or long sails on a boat.  Even being a Rhode Islander does not qualify me for the strong seas here.  What I do know is if you are struggling to pay your mortgage, have a hardship, job loss, medical issues, relocation with a job, as a RI short sale agent I can assist you with my legal team through the short sale process.  Negotiating for you (the seller), with the Mortgage Lender (your bank) for waiver of deficiency on mortgage balance owed is the ultimate goal.  

Working with a RI short sale legal team of professionals is what makes my short sale sellers happy.  Don't be lost at sea with your mortgage adrift without knowing what to do.  Call me today for a confidential meeting and conversation regarding your home situation.  Honesty is what I give out, successful short sale results is my goal.  Email me at RiByTheBay@gmail.com or call me at 401.529.7849 today.  In RI we call them Short Sails | Short Sales.

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As North Kingstown short sale agents, Ginny Gorman and her legal team help clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage.  When you are in need of an internet savvy RI realtor® who sells homes in this real estate marketcall Ginny today at 401.529.7849.

Waterfront, water view, ocean front, luxury and coastal Rhode Island real estate are my specialty.  If your considering Buying, Selling or Relocating to Rhode Island and need a real estate Professional it would be my pleasure to help you!    When you are in need of an internet savvy RI realtor® who sells homes in this real estate marketcall Ginny today at 401.529.7849.

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This blog © and its contents is original to Ginny Lacey Gorman

the RI waterfront Realtor of Choice

 

Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate   

Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ...  I sell dreams!  Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.

 

Looking for a knowledgeable Rhode Island Real Estate Agent?  Let me GOOGLE one for you!

            

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Comments(11)

Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Ginny, We've been trying to sell one listing for about a year and while plenty of activity, couldn't get a legitimate offer.  The sellers personal circumstances changed, went to short sale, cut about 10% off the list price and we're now in multiple offers within a week.  And we've got a good team supporting the short sale effort to protect our sellers' interests.

Nov 05, 2012 07:25 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Hopiing that the repurchase window continues to shorten for people who have worked hard to rebuild their lives and they can enjoy the houses ON sale.

Nov 05, 2012 07:38 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Ginny....nice play on words but the message is loud and clear.....if you have a short sale in North Kingstown RI, you'd be wise to call Ginny Gorman for guidance and direction with that mission.

Nov 05, 2012 07:49 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Anyone looking to buy or sell a home in RI should call you. You are the local expert. I enjoyed reading the post.

Nov 05, 2012 07:58 PM
Janis Borgueta
Newburgh, NY
Retired RE Salesperson

Ginny.. cute play on words.. and anyone with a short sale will be smart to work together with you and get the job done.

Nov 05, 2012 08:29 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

RI homeowners who are taking on water need to call Ginny Gorman before they are completely submerged.  You are a Rhode Island short sale expert!

Nov 05, 2012 08:44 PM
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Helping struggling homeowners with a "short sail" is far better thn letting the home go to foreclosure.

When in  trouble seek out a port in a storm. And that's your firm.

RI short sales in RI real estate

Have a great day in North kingstown, Rhode island.

 Best, Clint McKie

Nov 05, 2012 08:52 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, loved your tale on short sails/sales!     You have closed many short sales and know what you are doing!     It is wise to call an agent EXPERIENCED in short sales!

Nov 05, 2012 11:45 PM
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Reefing the main works when heading into stormy weather Ginny.  Some people call it shortening the sails while landlubber Realtors might say:  Avast, ye short sale!  

Nov 06, 2012 01:19 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

They are tails to be told in the short sale arena and I like them to sail through with flying colors at all times!  My sparkly red shoes at the bow!

Nov 06, 2012 01:24 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny that is excellent advice and they need to work with a Realtor that knows what they are doing to guide them along the way and make sure everything happens as it should.

Nov 06, 2012 09:25 AM