George Harrington

I'm a:	Real Estate Professional
Company:	Keller Williams Realty
Location:	Smithfield 02828
Phone:	(401) 523 - 1974

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we have a home and need out of due to husbands transfer we owe more than what the home is worth and can't

Asked Sat Apr 26 2008, 02:08 by Peggy Herna… - All locations - Home Selling - 4 answers

George Harrington answered:

You can do a short sale it will only make a small hit on your credit. because the lender will show loan paid not paid in full this is much better than a forecloser. But to get the bank to accept less than is owed you have to prove that if they do not accept a short sale they will have to take it back in forecloser which is more exspensive for them. we figure it cost the bank. an average of $ 30,000 to foreclose. so if you truly are in finicial trouble it is the best of the two options.
Good luck. George Harrington Im, a Rhode Island realtor. - Sat Apr 26 2008, 04:53

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Asked Wed Apr 23 2008, 05:17 by Carol - East Providence - Home Selling - 3 answers

George Harrington answered:

Carol There are many agents that just put a home on Mls. and hope it sells You should be asking what thier marketing plan is for your home, and what incentives you could be offering to lure the buyers in. The buyers have come out of hibernation and they are looking. I am an Agent in Rhode island. I Market exspired listings in your area. I lived in Rumford Growing up I lived in East Providence for 48 years before moving to Smithfield I know your area well. you need a motivated agent in this market. One who is willing to work and earn his comission. I wish you luck in finding an agent . - Wed Apr 23 2008, 19:54

Can a low offer be considered 'offensive'?

Asked Wed Apr 23 2008, 17:46 by Jeremy Koerb… - Oakland - Home Buying - 21 answers

George Harrington answered:

Any agent that does not present all offers to his sellers is not doing his job! It is not my job to accept offers for my clients . My job is to present the offers and advise the sellers of thier merit. My client might refuse an offer today and a week later accept an offer at the same price he refused. I do not presume to know what a seller will or will not accept. It is not the agents job to be insulted at an offer. He should behappy he has an offer to present - Wed Apr 23 2008, 19:15

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