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Get Help Short Selling Your Central Oregon Home with Fred Real Estate Group

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Real Estate Agent with RE/MAX Key Properties - Luxury Homes, Golf Course Homes

A growing percentage of Homes for Sale in Bend and Redmond are Short Sales. If you're underwater on your Central Oregon Mortgage. A short sale may be the option to help you avoid foreclosure. The first step to short selling your home is to gather information. Contact the Adams Team at Fred Real Estate Group for a free no pressure consultation to learn more about short sales as an option for your home.

Central Oregon Short Sale Basics

1. What is a short Sale?

A short sale is selling your home for less than you owe on your mortgage. If a loan modification is not an option then considering a short sale may be a better alternative than bankruptcy or foreclosure. It may also be less of a hit to your credit. Most individual who successfully short sale their home are able to reapply for a mortgage in as little as 18 months.

2. Who should I contact about short selling my home?

Real Estate Attorney -when short selling a home every home owner's situation is different. In many Bend Oregon Short Sale listed with Fred Real Estate Groupcases the difference between the amount owed and amount forgiven will no longer be a liability when the home is sold. However, there is no guarantee that a lender who accepts a short sale will not legally pursue a judgment against the seller. Seek the advice of a qualified Real Estate Attorney to determine whether or not your loan qualifies for a deficiency judgment.

Tax Accountant - Whether or not the debt forgiven by a short sale will become a tax liability for you depends on many factors. Your tax accountant can review your financial situation to determine if a short sale is a foreclosure option you should consider based on your financial and tax liability.

Real Estate Agent - a qualified real estate agent can guide you through the process for short selling your home. We at Fred Real Estate Group understand this is not an easy decision or process. It is our goal to make your short sale process as painless as possible.

3. Why list your Short Sale with The Adams Team at Fred Real Estate Group?

Bend Oregon Short Sale listed with Fred Real Estate GroupWith Fred Real Estate Group you'll have a team of agents working on your short sale. With competitive pricing and aggressive online marketing your team of real estate agents along with a professional short sale negotiator will dedicate their to getting your home SOLD.

 

For more information on short selling Your Central Oregon Home contact Kryste Adams at Fred Real Estate Group or view our website myhomeinbend.com.

 

 

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Thanks for reading my Bend, OR Real Estate Blog! Kryste Adams, Broker

 
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cell: 541.706.1556 | email: adamskryste@gmail.com
 
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