Search Laurelton, New York Short Sale Listings Guide-July 1 2013
Laurelton, NY Short Sales
Queens, New York Real Estate Overview
Laurelton, New York
The Laurelton, New York Short Sale Listings Guide-July 1 2013 is a weekly report to assist prospective home buyers and sellers in the purchase or sale of Laurelton, New York Short Sales and Laurelton, New York Homes for Sale.
The report provides free multiple listing property search of Laurelton, New York Short Sale information and short sale data. Laurelton, NY Short Sales are also broken down by price range to give purchasers an idea of the number of homes available.
According to the National Association of Realtors Short Sale Basics, "A short sale is a transaction in which the lender or lenders agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt.
A short sale can also be the best option for a homeowners who are "upside down" on mortgages because a short sale may not hurt their credit history as much as a foreclosure. As a result, homeowners may qualify for another mortgage sooner once they get back on their feet financially".
While a Laurelton New York Short Sale can represent a "bargain" for buyers, there are many potential pitfalls that buyers should prepare for. Thinking of Making an Offer on a Short Sale, an article published bt the National Association of Realtors, provides a roadmap to a successful Laurelton New York Short Sale purchase.
Laurelton, NY homes sold information is also provided to prospective home buyers and sellers to aid in determining property value.
Laurelton, NY Homes for Sale-Short Sales
As of July 1, 2013, there were 47 Laurelton, NY Homes for Sale. Of the 47 Laurelton NY Homes, there are 7 Laurelton, New York Real Estate short sales.
The median list price is $270,000.
An analysis by price range indicates that most Laurelton, NY Homes for Sale are in the $200,001-$250,000 and $350,001-$400,000 bands with 2 each.
Saint Albans, New York Homes Sold
The three month period April 2 2013 to July 1 2013, Laurelton NY Short Sales accounted for 2 of the 11 Laurelton, New York Real Estate home sales.
The Laurelton NY Short Sales median sales price for this three month period was $199,000.
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