Short Selling Your Home in Baltimore

Real Estate Agent with Remax American Dream


Short Selling Your Home in Baltimore - Are you thinking of short selling your home in Baltimore?  There are many factors to consider when Short Selling your home in Baltimore.  Below I listed Why Banks Participate in Short Selling and What are Some Benefits of Short Selling your home.  I’m a Short Sale Specialist in Baltimore and would be more than happy to assist you with all your Short Sale needs.  Please feel free to call or text me at 410-917-1991 or e-mail me at


Why do Banks Participate in Short Sales?


  • Banks participate in short sales to help homeowners and themselves prevent foreclosures.


  • Banks cooperate to avoid the costs associated with foreclosing, and thus the managing and reselling of REO (Real Estate Owned) assets.


  • Compared to foreclosures, short sales are less costly, less time-consuming and more likely to see completion.


  • The over supply of foreclosure properties is a financial burden against the banks. Banks cannot afford to take back all of the foreclosed homes.


What are Some of the Benefits from a Short Sale?


The Seller, Homeowner: The seller avoids the credit disaster of losing a home to foreclosure. It's viewed as the "responsible choice".

The Lender: By completing the short sale, the lender reduces the actual loss and eliminates the exposure to risk that goes with acquiring a property through foreclosure.

The Buyer: The buyer that hangs in through the short sale process can get a property at a below market price


Short Selling Your Home In Baltimore


Comments (1)

Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Rosemary, pls. view our Re/Max RELO message -

Aug 16, 2014 12:11 AM