My Property is in Rough Shape Needs Work, Can I still do a Short Sale?

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Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO
http://www.reallynicehomes.com/blog/my-property-rough-shape-and-needs-lot-work-can-i-still-do-short-sale/

Question & Answers for Short Sales


My property is in rough shape and needs a lot of work; can I still do a Short Sale on my property?
    Absolutely. We can sell any property for any amount that matches the property's condition.  In fact most lenders are even more motivated to do a Short Sale on a property that needs work than on a property that doesn't. The lender does not want to do repairs if they foreclose on the property and they know the risk of loss associated with this process.

    Normally a property that needs a lot of work is more likely to be sold as a distressed property. .where the lender and the buyer agree to a determined price based on condition.

    How is that benefit you as a seller?

    There is no  expense from your part doing a short sale
    You are in a hardship and all the cost associated with a short sale is paid by the lender giving the third part authorization

    For a free consultation, call: 
    Fernando Herboso 
    Broker for Herboso & Associates llc

    301-246-0001

    Maryland Short Sale Real Estate, Maryland Short Sale Specialist, short sales, short sales help maryland, loan modifications Get the facts from a distressed property expert that has the ability to help you avoid a foreclosure by doing a Short Sale today!


    Short Sales Expert MD

    "How to Short Sale And Never Pay The Bank Another Penny."

           

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    Rainmaker
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    Roy Kelley
    Realty Group Referrals - Gaithersburg, MD

    Good advice.


    Have an outstanding weekend with your camera in hand.


    Sep 15, 2012 05:15 AM #1
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    301-246-0001 Serving Maryland, DC and Northern VA
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