2013 Year of the Short Sale?

By
Real Estate Sales Representative with REALTY WORLD-Harbert Company, Inc.

Is 2013 going to be the Year of the Short Sale?

 

Indianapolis Short Sales2013 Year of the Short Sale?

In many of the real estate articles I have been reading, this is being deemed as the year of the Short Sale.  Why, do you ask? The banks have started to try to control costs associated with REO's/Bank Foreclosures and have started to look at short sales in a different light than they did before.

It used to be like pulling teeth to get larger lenders to look seriously at Short Sale offers.  That has and is evolving with time.  They are trying to streamline the short sale process like never before.

In certain circumstances and with certain programs, they are even offering sellers cash incentives at closing to try to encourage sellers to short sale their home instead of the seller just walking away from their home.

It will be interesting in the next year to see how the short sale process evolves with these larger banks.  Many have started to utilize an online platform that many of us REO/Foreclosure agents are familiar with-Equator.  There are still wrinkles being ironed out as all parties adjust to this online platform to help facilitate these short sales.  Bank of America Short Sales was one of the first to start utilizing it and Chase Short Sales have been utilizing it as well.

If you are considering listing your home as a short sale, you need an experienced Indianapolis Short Sale Agent to help you.  It is now more critical than ever to ask an experienced Short Sale Agent for help when considering listing your home as a short sale.  You do not want an inexperienced short sale agent handling your file, with the intricacies that are involved in short sales.

My team has a lot of short sale experience and we can help you with the purchase of an Indianapolis Short Sale or with the sale of an Indianapolis Short Sale.

Give us a call today if you need help or are considering a Short Sale. 

Heather Fitzgerald 317.371.2622

 

Posted by

________________________________________________________________________________________________

Heather Fitzgerald

REALTY WORLD-Harbert Company, Inc.

317-371-2622

indplsrealestate@gmail.com

www.FindingYourIndyHome.com

 

 

If you need assistance in Indianapolis IN, Carmel IN, Martinsville IN, Greenwood IN, Whiteland IN, Franklin IN and surrounding areas, considering buying or selling a home, or considering the option of a Short Sale, contact us today at 317-885-8858.  We have experience in Greenwood Real Estate, Indianapolis Real Estate, Greenwood IN Short Sales, Greenwood IN Real Estate for Sale,  Franklin IN Real Esate, etc.

About the Author: Heather Fitzgerald, who has over 24 years of experience in real estate, title insurance, and lending that can be put to work for you. Heather can be reached by phone at 317-371-2622.

Areas of Service: Greenwood IN Real Estate, Indianapolis IN Real Estate, Franklin IN Real Estate, Whiteland IN Real Estate, Mooresville IN Real Estate, Martinsville IN Real Estate, Avon IN Real Estate, Carmel IN Real Estate, Westfield IN Real Estate and surrounding areas. We are experienced Greenwood IN Real Estate Agents.

Copyright © 2018 By: Heather Fitzgerald- Greenwood Real Estate For Sale. All Rights Reserved.

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Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

It has been the year of the Short sale for many years now. .we are on the tail end in my market. .

Apr 08, 2013 07:27 AM #1
Rainmaker
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Heather Fitzgerald
REALTY WORLD-Harbert Company, Inc. - Greenwood, IN
REALTOR Greenwood Indiana Real Estate

It has been the year of short sales for awhile.  I do believe there could be more short sales done this year than REO's, 6 of our REO accounts have come to a strong halt in the last 60 days unexpectedly.  It will be interesting to see what the rest of this year holds for everyone.

Apr 08, 2013 08:14 AM #2
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Heather Fitzgerald

REALTOR Greenwood Indiana Real Estate
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