AVOID FORECLOSURE BY SELLING YOUR HOUSE AS A SHORT SALE IN ST MARY'S MD

YOU might AVOID FORECLOSURE BY SELLING YOUR HOUSE AS A SHORT SALE IN ST MARY'S MD

This information is to tell YOU that here are options other than FORECLOSURE and /or bankruptcy, in St Mary's MD.

One of these options, to AVOID FORECLOSURE, is selling YOUR house as a SHORT SALE.

What is a SHORT SALE? In very simple terms a SHORT SALE is when YOUR lender agrees to let you sell your house for less than the mortgage YOU owe on it. Unfortunately it is not a simple, or a short process. YOU will need the HELP of a Real Estate Agent.

In order to qualify for a SHORT SALE YOU have to meet certain Lender requirements, including a "proof of hardship". The final decision on the sale of YOUR house is the Lender's. YOU need to know that in this area Lenders can pursue borrowers for the difference between the amount received at sale and YOUR mortgage debt, or they can forgive YOU YOUR debt, the mortgage deficiency.

If YOU want to have a FREE CONSULTATION with me immediately,

Please CALL OR TEXT MARGARET C: 301 481 8407

Email: RealEstate@margaretC.com

I am a St Mary's County MD REALTOR® here to HELP YOU

I am Margaret C. Taylor and I am certified with the SFR, Short Sale and Foreclosure Resource Certification, from the National Association of Realtors and the CDRS, Certified Default Resolution Specialist Certification, from America's Home Rescue.

You need a qualified Real Estate Agent to HELP YOU. I want to be part of the solution.

I am a Century 21 New Millennium Real Estate Agent, St Marys, MD

Let me share some facts with you about SHORT SALES

The SHORT SALE phenomenen made the front page of the Sunday Washington Post on September 26, 2010. Why?

Because YOU are not alone! YOU are one of many home owners who find yourselves 'upside down' or 'underwater', and are trying to resolve the difficult financial position in which YOU find YOURSELF. YOU need HELP.

The number of SHORT SALE properties, on the market in the Washington D.C. Metro. Area, are more than double the number of FORECLOSURES, and together they make up approximately 20 percent of houses for sale, (percentages vary depending on the location). These statistics are according to the Real Estate Business Intelligence. Nationally the number of SHORT SALES tripled since 2008 and approximately 400,000 of these transactions are expected to take place this year, according to the mortgage research firm CoreLogic.

Distressed homeowners are trying to protect their credit rating and AVOID FORECLOSURE or Bankruptcy. At this time it is considered that the impact of a SHORT SALE will be far less, with the hopes of being considered for a house purchase at approximately two years after the SHORT SALE.

I am here to HELP the Lexington Park, Great Mills, California, Hollywood, Leonardtown, Mechanicsville, Charlotte Hall, Piney Point, Valley Lee, Callaway, PAX River, and surrounding areas, also southern Calvert and southern Charles County.

You need HELP to AVOID FORECLOSURE BY SELLING YOUR HOUSE AS A SHORT SALE IN ST MARY'S MD

This blog is for informational purposes only and is not intended as legal or tax advice. An Attorney, CPA or other specialist should be consulted for specific needs.