Hi Brenda -- I'm sorry to hear about your loss. I would really advise you to contact an attorney. It sounds like you have some equity in this home so you would probably want to sell it. I don't see any advantage to letting it go into foreclosure under the circumstances you describe. Is the mortgage behind in its payments?
I would contact an agent in your area, get a cma and see what can be done. Make sure the agent knows that the property was conveyed through a quit claim deed. There may be more work that needs to be done before you would be able to sell it.
Hope all works out well for you.
Coldwell Banker Residential Real Estate... more
I am a Realtor and can honestly say, it would benefit you to interview at least three (3) realtors who service your area. You can always discuss commission, however, keep in mind - to produce the BEST price for your home - you want to reach A LOT of potential purchasers. Supply and Demand! The more buyers interested, the higher the price.
And, in order to reach these potential buyers, your home needs to be advertised by direct mail, internet, newspaper, magazine, MLS, virtual tour, property flyers, webpage, etc. (just to name a few). If you find a Realtor who is willing to list for less - then it just goes to say, you will GET less.
I provide you this information not being interested in listing your home so you KNOW you are getting good, sound advice and not advice from someone who just wants your listing.
Good luck to you!
Lisa M. Brodeur
LMB Realty Corp d/b/a Alliance Realty
Good luck... more
Hi Curious Seller,
Yes. You can list your house for sale up until the Auction date. Let your lender(s) know and see if they will postpone the Auction (it doesn't hurt to ask). Make sure you let your Realtor know an Auction date has been scheduled!
Don't allow the forclosre or short sale. Contact a lawyer who specializes in this. You should be able to talk to one for free or a small free. Talk to two or three to you are comfortable with one. Spending a small amount now will allow you to get the most later esp. with the 180,000 owed. Otherwise in forclosure the bank will get its money first and the value will be much less.... more