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Be PROUD to short sale your home!

Reblogger Ginger Harper
Real Estate Agent with Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team 93383

Amen to that.  It takes a lot of patience and time to do a short sale.  We all find ourselves in a situation that lends itself to a short sale.   Sometimes we find ourselves upside down with our home.  Seek the advice of a competant Realtor, CPA and Attorney if you need them

Original content by Tracy Lee Parker 0534986

Be PROUD to short sale your home!

I have closed many short sales over the past few years. I didn't go out in search of finding short sales they found me! When I go on listing appointments the sellers told me they were behind on their payments and were embarrassed to tell anyone. Folks....don't be embarrassed about a short sale! If anything you should be proud you are taking the steps to sell your home instead of walking away and letting it foreclose!

   I just closed this home as a short sale, does it look distressed to you?

You should be PROUD that you are maintaining the home , keeping the lawn nice, the utilities on and the neighborhood looking good during the sale!  

No one likes foreclosures in THEIR neighborhood! They bring a negative atmosphere and the comps way down. Selling in a short sale does keep the average sales higher while allowing the neighborhood to maintain it's dignity.

If you or a neighbor want more information about how to proceed in a short sale give us a call for a free consultation.

In a distress situation? Having trouble making your house payment?

I can help!!


Visit NAR's Short Sales and Foreclosure Resource Certification

 

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Russell & Tracy Lee Parker 

Let someone local manage your property!  

Parker Property Management

~RE/MAX Dallas Suburbs~

Wylie Office

972-429-1895

     (972)365-7198 Tracy Lee

(214) 477-5609 Russell 

~We also specialize in residential sales, short sales, land purchases, commercial , foreclosures and leasing ~

 

Show All Comments
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

In my opinion, it is not fair to lump both major types of short sales all together.  In a "regular" short sale where the home owners have suffered some sort of hardship... medical problems, job loss, death in family, etc... them doing a short sale is totally understandable, and a better thing than a foreclosure.

In a "strategic" short sale... when the owners are simply making what they are facetiously calling a "business decision"... I think walking away from their home... when they have the ability to continue making their payments... is simply wrong.  Also, in this case, I think that any "overage" in the loan... the "shortage amount" should follow them as a debt... a personal judgment... for at least ten years... and only be removed by a full bankruptcy.

I also think that in taking a strategic short sale... it should remain on their credit that they have done so, and this fact should preclude them from being able to purchase another home for at least seven to ten years.

Jan 29, 2013 06:00 AM
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