Short Sale Experts

Let me share some statistics I recently heard:

• -14% of all homeowners are delinquent on their mortgage
• -5.5 Million homeowners are in “serious default”
• -3 Million homes have been served with foreclosure notices
• -The average move-in ready foreclosure in the US sells for $192k
• -The average distressed foreclosure in the US sells for $116k
• -The average Short Sale price in the US is $212k

As you can see, there are a lot of people in mortgage trouble out there. Not all of them are responsible, good people in a bad situation, but millions of them are. When someone needs to sell, but they owe more than the house is worth on the open market, the banks would typically prefer that they try to sell it first in a short sale than to take it back in foreclosure. They then accept a “short payoff” and typically forgive the difference.

We’ve been telling you recently about our short sale work and our partnership with Markve & Zweifel, Attorneys at Law. As many as half of our recent listing history has been short sales, and we’re really enjoying being able to help people in a tough spot who need to short sell. Please remember us and give us a call if you know someone we can help before it’s too late! It’s FREE to the seller to short sell, and if they work with us they’ll also receive FREE attorney representation as well! Don’t trust your short sale with an agent who’s looking to get their feet wet- trust it to experts, trust it with us!