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Short Sales
People don't talk about it a lot. But this economy is in a recession. Sometimes really good people have realy bad financial problems and find themselves in a foreclosure. Worse than that, prices across the natin have fallen by 20% or more and often the amount of money owed on a mortgage is greater than the property value. A SHORT SALE may be the answer to both the owner of the property and to a purchaser.
Short Sales Help
First, you'll want an agent who knows about Short Sales. A Short Sale is a deal betwee three parties: The first party to a Short Sale is the Seller who has no equity. She Seond party to a Short Sale is the bank or lender who has a loan for more than the value of the property. The Third party is the buyer who wants a good property at less then current market value.
Second, In a Short Sale, the Bank or Lender will take less than the amount owed and permit the Seller to transfer title and be free and clear of any deficiency or lien or judgment. I have the expertise and track record of success you need for a Short-Sale..
Third, you'll want an agent who can talk to a bank and give them some unpleasant alternatives. If the bank is a successful bidder at a foreclosure sale, the bank must then bring the property up to builder's grade, pay for insurance, pay the current and past due taxes and carry the loss on its books. Alternatives, presented in the correct way show the bank or lender the benefits of taking market value or market value less closing costs and expenses.
Fourth, we will help you find residential property, commercial property and get the widest selection of foreclosed property. Although we are located in New York we know, on a daily basis, every foreclosure listing and every foreclosure sale throughout the United States. We know every REO property. We maintain a costly database of foreclosures and foreclosed properties and our data base is updated 7 times each day, 7 days a week. With our without a HUD # we can help you find a foreclosed property. Our founder and president is not only a realtor, but is alos a real estate lawyer with 40 years of experience in real estate, bankruptcies and foreclosures and is a licensed mortgage broker. THIS IS YOUR ONE STOP SHOPPING CENTER!
Short Sales.OneBetter does it all! OneBetter...the Better One!
Let's get together and talk about your home buying and/or selling plans. Call me at the office (516) 482-8239) or send an e-mail to our team (Info@OneBetterRealty.com), we'll set-up a time that is easy and convenient for you to meet.
P.S. If you're not ready to meet in person, please tour through my website. I'm sure you'll find the resources here useful and helpful. Enjoy!
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