Short Sales

THE AGENTS TO CALL FOR ALL OF YOUR REAL ESTATE NEEDS

Do you owe more on your home then what your home is worth?

Are you falling behind on your mortgage payments?

Are you thinking of selling your home but curious if you can break even?

WE CAN HELP!

The R & E Team understands that the thought of pre-foreclosure is scary. We understand that some people may even feel embarassed that they have fallen behind. We understand that situations change, loss of employment, loss of relationships, your hours may have been cut back. Our job is not to judge, but to help you either stay in your home or, if necessary, place your home on the market and negotiate with your lender a smaller mortgage payoff.

Short Sales are becoming more in more common as prices continue to fall nationwide. While Central Pennsylvania has not been hit as hard as other parts of the country it’s still not uncommon to have a situation arise that calls for a short sale. The key to a successful short sale is having an agent that knows how to handle this process.

Short sales are tedious and can take a long time, but with the right agent, it can be a good tool to help get you out of the property without effecting your credit as much as a foreclosure would.

Banks are often times offered incentives to do Loan Modifications and Short Sales instead of Foreclosing!

Several banks have now set-up specific divisions within their company to handle short sales, drastistically reducing the amount of time for a short sale approval.

For more information, please feel free to contact us.