Short Sale Your Home
Foreclosure can be devastating to your credit history. It's not something anyone wants to face. Short sale is a way to avoid foreclosure and walk away from your home with no money out of pocket including real estate commissions.
If the mortgage on your home is higher than your current market value and you either can't afford it, or are being transferred out of the area, you may qualify for a hardship condition which will give your bank cause to consider a short sale.
With a short sale you are requesting that the bank take a fair market value price for the sale of your home as full payment of your loan.
For example, if you purchased your home for $300,000 and your current mortgage balance is $300,000 but the market value of your home is only $200,000...with a short sale you are requesting that your lender(s) accept the market value, less sale expenses such as commission, transfer taxes, and buyer closing costs as full pay off for your loan.
Short sales are complicated and time consuming process but with the right professionals to guide you it is an excellent alternative to foreclosure. We handle short sales in Anne Arundel County including the cities of Odenton, Severn, Gambrills, Crofton as well as Howard, Prince George's and Baltimore counties.
Contact us for immediate assistance with selling your Fort Meade area home via short sale. You will receive the same great marketing that helps our clients sell their homes in less than half of the time of the county average.
Your contact with us is always confidential and we'll be happy to help you determine if a short sale might be the right option for you. There is never an obligation to meet with one of our agents.
*Serving short sale clients in Anne Arundel County including the cities of Crofton, Odenton, Gambrills, Severn, Annapolis, Millersville, Glen Burnie and Pasadena.
Call us today at (410) 721-6694 for immediate, confidential assistance.