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Home Selling in 11422 : Real Estate Advice

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  • Local Info1
  • Home Buying14
  • Home Selling3
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Activity 3
Wed Mar 12, 2014
Hezrell Vasquez answered:
Good evening Darryl Joyner,

The definition of Short-sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property. Homeowners rather sell their home as a short sale to avoid penalties associated with going into foreclosure. ... more
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Sat Mar 3, 2012
Walter 'Skip' Kersten answered:
Good question. I have not heard any discussions about this. Given the mood in Washington it is hard to say. I tell all potential short slae and foreclosure clients to watch this closely.
Good luck,
... more
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Mon Jun 22, 2009
Barbara Q. answered:
Janet - It depends on a number of parameters...including your motivation.
You'll want to speak with top agents in your area...there are a few here who are looking to earn your business.
If it's marketed well, shows well, is priced aggressively and you offer financial incentives - like discounting the Buyer's interest rate to 3.5% for the first year, paying closing costs...think outside the box...
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