For Homeowners in Mecosta County, Michigan - What is a Short Sale?

By
Real Estate Agent with Greenridge Realty Oakmont

A 'short sale' happens when a bank agrees to allow a home to be sold to a buyer who offering less than the actual amount owed on the mortgage.

This is the quick definition, as there are many factors which come into question, such as:

Is there a second (or third) mortgage, or home equity loan to complicate the sale?

Is the seller already falling behind in payments?

Are there other options for the seller through programs to help them stay in the home?

Don't hesitate to seek help if you think that your mortgage payments will be a problem soon. 

If your home located in the Big Rapids, Stanwood, or Canadian Lakes, Michigan area, (or Mecosta, Newaygo, Osceola or Montcalm Counties), I would be happy to discuss your options, or direct you to a housing counselor in your area.

It may be possible to avoid foreclosure if you act now. No obligation consultation.

Certified with the National Association of Realtors, with the SFR designation.

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Click on the links below to search all homes for sale in West Michigan, as listed by all MLS participating agents.

 

Search by County, School District or Zip Code and more:

www.Greenridge.com/LynnAfton

 

Lynn's Mobile Device Page -Search for Homes for Sale: http://LynnAfton.www.Greenridge.mobi/

 

Greenridge Realty Oakmont, Big Rapids Office Website:

 Greenridge Realty Oakmont, Big Rapids, MI office

Call Lynn Afton to sell Your home!

Big Rapids Homes for Sale, Big Rapids Real Estate

and servicing surrounding areas including:

Mecosta County, Newaygo County, Lake County,

Montcalm County, Osceola County, and all of West Michigan

 

 

 

 

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Michigan Mecosta County
Tags:
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foreclosure
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Lynn Afton

REALTOR® Near Big Rapids, MI, Mecosta County
Ask your real estate question here... -Lynn
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