2011 brought a breath of fresh air into our area's real estate market. The number of transactions throughout the region is the highest since 2007. Yes, that's right - 2007!
At the same time, however, home prices continue to decline and with them the ability of many homeowners in distress to liquidate their homes once they can no longer afford their mortgage payments.
As a Certified Distressed Property Expert (CDPE), I am trained in assisting homeowners in distress in Maryland and can help them understand their various alternatives in these dark times.
My ultimate objective is to help my clients avoid foreclosure and potential bankruptcy while preserving credit history and perhaps even their dignity!
My team's success rate is 87% and under two months from contract to short sale approval.
If you know anyone behind on their mortgage, please ask them to call me RIGHT AWAY at 443-660-8032! They simply can not afford to let another day pass by.
Here's how my team of short sale experts was able to assist yet another local homeowner:
Do not let your home go to foreclosure. Short Sale is a great option.
3BD/1.5BA, 2-Story Single Family Home in Annapolis, MD
Listed on October 7, 2010
Contract ratified on January 10, 2011
Short sale approval received: March 8, 2011
Settlement occurred on March 31, 2011
Sales Price: $380,000
Total Time from Contract to Approval: 33 days
*Seller's lenders agreed to take a loss of approximately $100,000 to make the transaction happen while waiving deficiencies.
As always, do not hesitate to contact me with any of your real estate related questions at 443-660-8032.
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