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Thinking about Short Sale?

By Stella Barbour

Real Estate Broker/Owner with NoVa Brokers LLC 0225 094634 VA/ 643686 MD

November 23, 2022 05:09 AM

Are you worried your home may be going to foreclosure? Have you failed to make your mortgage payments?

You may qualify for a short sale as an alternative.

It is best to speak to a real estate agent that is certified in short sales and foreclosure.

If you sell your home in a short sale, you can avoid the sales fees/commissions.

There are other benefits to a short sale which I can explain when we talk including $$ to assist in moving costs.

Look no more, if you are in Maryland or Virginia, contact me to see what your options are.

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Joe Jackson

Keller Williams Capital Partners Realty - Columbus, OH

Clintonville and Central Ohio Real Estate Expert

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

Nov 23, 2022 07:22 AM

Stella Barbour

Thanks for stopping by! 😀

Nov 23, 2022 07:26 AM

Ed Silva, 203-206-0754

Mapleridge Realty, CT 203-206-0754 - Waterbury, CT

Central CT Real Estate Broker Serving all equally

I do short sales in my area and I feel bad for all, but lately it's been the reverse mortgage people that can't keep up with the cost of living

Nov 23, 2022 06:03 PM

Roy Kelley

Gaithersburg, MD

Yes I feel bad also. It is a tough situation. I have been doing short sales for a long time and it is never easy for the client. Thanks for stopping by.

Nov 24, 2022 04:09 AM

Brian England

Ambrose Realty Management LLC - Gilbert, AZ

MBA, GRI, REALTOR® Real Estate in East Valley AZ

It seems odd that short sales would be necessary since the market has increased so much in the past few years and people should have plenty of equity in their homes.

Nov 27, 2022 05:29 AM

NoVa Brokers LLC - Vienna, VA

Principal Broker, Serving Virginia and Maryland

Actually you would be surprised how many people still don't have the equity in their homes. Sometimes people don't have enough equity to sell once they include their closing costs and they could be just slightly out of reach for a sale or they owe so much arrearage payments (I have had some recent clients that have not made payments in over 2 years due to illness, job loss etc) and then they go to bankruptcy/foreclosure but they can still do a short sale and I have been able to help people get funds also to help moving costs through short sale which is a big help!

Nov 27, 2022 05:35 AM

Roy Kelley

Retired - Gaithersburg, MD

Good Sunday morning, Stella.

Have a great day and a very productive week.

Nov 27, 2022 06:05 AM

Thank you. You too!

Nov 27, 2022 07:06 AM

Wanda Kubat-Nerdin - Wanda Can!

Red Rock Real Estate (435) 632-9374 - St. George, UT

St. George Utah Area Residential Sales Agent

Seems this new market will present a number of short sales and foreclosures again. Professionals need to be ready to help. Good information, Stella!

Dec 09, 2022 07:59 AM

Thank you. I am not looking forward to another 2008 but I will do my best with it. Happy New Year!

Jan 07, 2023 05:38 AM

Thinking about Short Sale?

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