79 views
Ken Montville
- 2 Answers
- 2 Listings
Locations:
Web sites:
Profile Link:
Experience:
Realtor Extraordinaire for RE/MAX Advantage Realty
January 1999—present
Helping home sellers and home buyers get together for almost 10 years.
Helping home sellers and home buyers get together for almost 10 years.
Specialties:
I embrace the technological innovations that help home sellers market their home to every potential home buyer on the planet. I use some of those same
... show more
Certifications
& Awards:
& Awards:
2007 - President of the MD/DC Chapter of the Council of Residential Specialists
2008 - Member of the Prince George's County Association of Realtors Education ... show more
2008 - Member of the Prince George's County Association of Realtors Education ... show more
Interests:
Jazz
Reading ... show more
Reading ... show more
About:
Looking for a Realtor who knows the area, knows the market and cares about what you want? You've come to the right place! I work in the College Park area
... show more
Ken Montville answered:
You may either need to spend some money up front to "stage" the home so it looks spectacular to potential buyers visiting your home. This usually gets them excited enough to offer the price you need to cover your mortgage plus the costs of selling.
The other alternative is to contact the loss mitigation department at the company that holds your mortgage and talk to them about a "short sale". This means that the mortgage company will allow you to sell it for less than what you owe and forgive the difference (there are tax consequences to this). It is not easy and it will affect your credit. But if you truly don't have the money, it may be the only way to go and it's better than foreclosure.
The other alternative is to contact the loss mitigation department at the company that holds your mortgage and talk to them about a "short sale". This means that the mortgage company will allow you to sell it for less than what you owe and forgive the difference (there are tax consequences to this). It is not easy and it will affect your credit. But if you truly don't have the money, it may be the only way to go and it's better than foreclosure.
|
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.
|
|
|
Founding members are a small number of participants who submitted content at launch of Trulia Voices to kick off community discussions.
|
|
|
Your question:
Max. 200 characters
Name:
Email:
|
|
Share profile
Contact Ken Montville
Ken Montville is a member of Trulia Voices:
Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.
Report this profile
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback