what is a short sale

Posts Tagged ‘what is a short sale’

Is a real estate agent necessary in today’s hot market?

FSBO vs Real Estate Agent

FSBO vs Real Estate Agent

 

With metro Atlanta homes selling faster than Gladys Knight’s chicken and waffles, purchasers thinking of buying and more notably, owners thinking of selling, might be wondering if hiring a real estate agent is a necessity. Nowadays, home buyers can find homes on the internet, set up their own appointments to preview properties and submit pre-printed offers that can be obtained online or at the local office supply store. Likewise, sellers can get a for sale by owner sign, post their property on a number of FSBO marketing web sites and negotiate directly with interested parties. On the face of it, it seems that both parties may benefit by excluding third party interlopers from the deal. What I’m here

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Apply for a Short Sale

Apply for a short sale

Apply for a Short Sale

Take 5 minutes to fill out this short sale questionnaire so that we can better assess your situation and start researching the likelihood of conducting a successful short sale. All of your information is kept in the strictest of confidence. There are no costs or obligations, it is purely informational.

 

To apply for a short sale, please click here!

 

     Having been licensed since 1994, Craig Levine brings to your real estate deal a world of experience, cutting-edge technology, negotiating savvy, and exemplary service. With Century 21 in Atlanta, Craig was the #2 agent in the #1 office in

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Short Sale Checklist

Short Sale Checklist

Short Sale Checklist

One of the pre-requisites for short sales to be considered by your lender is having a proper short sale package. This is submitted, along with the accepted contract, to the lender. It is imperative that the short sale package be 100% complete or it will significantly delay the whole process. Please take a moment to review some of the documentation that will be needed. Additionally, your home will need to be as marketable as possible. You will be competing against many other desirable properties so sprucing up your home and keeping it clean is imperative. Don’t forget to check out Craig’s 115 Point Lube Job for Your Home that will give you the edge!

 

Items necessary for

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The Short Sale Process

Short Sale Process

Short Sale Process

Ok, so now you know what a short sale is and you are probably wondering, “what’s the next step?” Well there are a couple of significant steps involved in the short sale process. Let’s discuss the six major steps to successfully conducting a short sale.

Step #1 – Understand your options and know what you are getting into 

Let’s start out by saying a short sale is not a good solution for everyone! If you have enough cash to cover the shortfall between your mortgage balance and your sales price, it may make sense to come out of pocket and proceed with a traditional sale to salvage your credit instead of conducting a short sale. If your credit is already in

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What is a short sale?

Right now might be a very trying time for you and your family. If you are facing difficulties and are behind on your mortgage, thinking about how you are going to make your next payment, or your lender has contacted you about foreclosure, don’t lose hope! There are several options available to you, including a potential short sale.

 

[youtube id=”49sS88Cbsc8″]
For a brief explanation of what is a short sale, turn your volume up and view the above minute and a half informative video about short sales.

 

In a nutshell, a short sale (as your lender views it) occurs when you sell your home for less than what is owed. Therefore, the lender comes up short of what is actually owed to them. That’s pretty much what a short sale is! 

Now, you can’t just put your

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