New City Short Sale Process Takes
Active Teamwork
845 544 4026
A New City short
sale is the option usually preferred by anyone who faces foreclosure. It’s the
path that, with the approval of the mortgage lender, promises to ultimately
minimize damage to the homeowner’s credit score. New City Short Sale Process
Takes Active Teamwork
According to
Realty Trac, distressed sales of all kinds continued to decrease in the last
reported quarter, yet the non-foreclosure short sale volume increased by 4%.
That amounts to a significant 22% of all sales. Realty Trac’s are the most
reliable national statistics, and our New City short sale profile has likewise
reflected the continuing working out of the distressed property phenomenon. New
City Short Sale Process Takes Active Teamwork
Completing a
short sale in New City (or anywhere else, for that matter!) can be challenging.
If you’ve decided that it is your best course, you can do a lot to help your
agent accomplish it:
· From the
beginning of the New City short sale process, keep your agent informed of any
changes in the financial picture. That means keeping up-to-date on the changing
balance remaining on the mortgage, as well as the number of missed payments.
When the information is at hand, your agent can impart the sense of urgency
that gets your home sold as fast as possible.
· The speed of
sale is important, yet while a New City short sale specialist is an expert in
that arena, other important details regarding taxation and the law may
influence the best overall strategy. By encouraging your real estate agent to
work alongside an experienced attorney or tax specialist, you will form a team
that can execute your short sale package more efficiently than if they worked
independently.
Executing a
short sale means meeting multiple demands—each with its own timing
requirements. That can mean a lot of pressure: but if your agent asks you to do
something or provide additional information, stand ready to do it! That speeds
negotiations with buyers and lenders, increasing the chance that you will
successfully close your short sale. New City Short Sale Process Takes Active
Teamwork
·
Short selling a home is a somewhat complicated process. I offer a
no-obligation, in-home consultation to help assess your circumstances and the
next steps to consider. Call me anytime! 845 544 4026 or email me at riggsmarcella@gmail.com...
You can also check out my website at marcellariggs.com Looking forward to
meeting you soon!
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