Are you looking for an answer to your mortgage problems?
A short sale may be a good option if you need to sell your home but find that you owe more on your mortgage than the current estimated value of the property. It is an agreement between you and your lender that the lender will accept less than the full payoff amount for your mortgage.
These days, short sales are becoming more and more popular throughout the country with a noticeable increase in many states. However, many people are still unfamiliar with it.
Once you have determined that a short sale is the right step for you and your family, you will next want to consult with Charlotte short sale agents. While any agent can assist you with a short sale, not all agents have the experience to avoid the pitfalls or know how to help you expedite the short sale process.
What should you know about the short sale process?
A short sale includes negotiations between a number of people, so it is wise to have an expert on your side to guide you. The process tends to be lengthy and includes paperwork-intensive transactions.
This type of real estate transaction is too complicated to trust to a novice and the process should never be taken lightly. In fact, short sales can be 4 to 5 times the amount of work as a regular transaction.
There are some real estate agents who claim to be short sale experts but do not have the education or experience to provide the service you need. Don’t make the mistake of choosing an agent to do your short sale simply because that agent has an impressive website or has taken a couple of short sale classes. Keep in mind that a short sale class, even one which results in certification, does not necessarily make an agent a short sale agent.
The short sale transaction is complicated enough and taking on an agent who is incapable will only add to the challenges. If you are not familiar with the short sale process and also hire an inexperienced short sale agent, then you will be creating more problems for yourself.
Here are some questions you should consider when choosing short sale agents to work with:
- Is the agent experienced?
- Is the agent a neighborhood specialist?
- Does the agent possess specialized knowledge or has received training for specific types of transactions?
- How many short sales has he/she closed?
- What are referrals saying about the agent?
Given the complexity of paperwork and negotiations, it’s essential to work with the best Charlotte short sale agent. That would be me, Nancy Braun.
Our team at Showcase Realty specializes in short sales and encourages sellers to use this process, rather than go through the devastation of a foreclosure.
We are committed to delivering a high level of professionalism and will be by your side every step of the way in assisting to find a favorable solution for your situation. We will discuss with you the details of the process including the things you should expect.
Call me, Nancy Braun, at 704-997-3794 to learn more about short sales and how they will benefit you.
In case you cannot view this video here, please click the link below to view Charlotte Short Sale Agents on my YouTube channel: https://youtu.be/JJY-HfcmnVs