I am trying to sell a single family home for short sale to avoid foreclosure. Looking for a reliable and well established agent with experience with short sale homes.
I am trying to sell a single family home for short sale to avoid foreclosure. Looking for a reliable and well established agent with experience with short sale homes.
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February 9th, 2010 at 4:48 pm
If you sell with short sale you will still owe the money. You will still have to pay back the difference to the lender in the form of a deficiency judgment. Watch out. You should consult a real estate atty because a realtor will tell you anything and will cut the price in half just to get the property sold and you will be stuck paying the difference. Have you talked ot the lender? Can you rework your loan payments?
February 9th, 2010 at 4:48 pm
While I’m a Realtor, my expertise is not short sales. I can recommend two colleagues who are extremely knowledgeable and experienced in this area. I would be happy to forward their names and numbers.