Maryland Short Sales. need to sell or buy a SHORT SALE in Gaithersburg MD?
First, let me tell you one thing. . . short sales should be called LONG SALES. . be prepared to have plenty of . . SHORT patience and a LOOOOONG wait
There are many owners in Montgomery County Maryland that need to sell their homes for less than they owe, hoping that the lenders forgive the difference and a buyer gets a great a deal.
The waiting part is the longest if you are a buyer. .as a seller, the waiting can actually benefit you. You could stay in the house as long as the bank is making a decision to accept or reject the short sale.
The banks are overwhelmed with short sale requests, and some bank may make sellers and buyers wait for months for an answer.
Yet despite the obstacles to successful short sales a handful of Realtors have dived into SHORT SALES.
Lenders aren’t too happy with short sales but slowly are becoming aware that a short sale is much better for them that owning the property as a REO (Real Estate Owned)
My company Herboso & Associates played a fundamental role in bringing to the State Of Maryland and Montgomery County in particularly the education needed for all Realtors to obtain certification and learn how to do a SHORT SALE properly.
Still, less that 1% of Realtors in the state of MARYLAND have attended these classes to be properly certified to do SHORT SALES.
A CDPE certification assures you that buying or selling a short sale will be done in a profesional way.
CDPE stands for CERTIFIED DISTRESSED PROPERTY EXPERT
Between Montgomery, Frederick and PG Counties alone, we have 1000’s of short sales and the numbers still keep going up.
The reason for the rise is simple. More financially strapped homeowners fall behind on their mortgage payments , their homes values have dropped considerably and the economy doesn’t give too much confidence with $4.00/per gallon of gasoline.
“Everything is up at the grocery store” I heard my wife say the other day. . of course, transportation costs have increased so much lately that something has to give.
If you are a homeowner that is considering a short sale, you can read my
If you are a buyer and you believe buying a short sale is like climbing a greasy pole. . then clean up and give us a call at 240-426-5754.. . we have the tools and the ability to give you the best options in buying short sales. You may even save MORE MONEY buying a short sale than a foreclosure.
"Certified Distressed Property Experts"
For Maryland, DC and Virginia
Need immediate help? Call 240.426.5754 right now!