Sicklerville | New Jersey | Short Sale; What's the Third Step?

Once you've determined that you owe more than your home is worth and that your lender is likely to accept a short sale given your specific situation, it's time to find a buyer. Now I would always suggest using a local real estate professional to market your home, but this is especially true when selling a short sale. There are a few reasons for this:

1. If you are having trouble with your mortgage payment, then you probably need to sell your home as quickly as possible. A local specialist should be better able to achieve this result.

2. If the short sale is negotiated successfully with your lender, the bank pays the commission and the seller has no out of pocket expenses. You get the benefit of professional representation at no cost.

3. If marketed correctly, you will get several offers. A knowledgable professional will be able to tell the real offers from the time wasters.

One of the most important aspects of finding the right buyer for your short sale in today's market is pricing. I'll save that discussion for a later post.

Joseph Cacciapaglia, MLERE
Realtor Associate®
R&I Realty
15 Potter Street
Haddonfield, NJ 08033
Office: 856.795.3111 x268
Cell: 979.218.2286
Jcacci1@gmail.com