Get all of your short sale answers here!

Standard

I eat short sales for lunch!

  short sale1

As a home owner, you might be faced with this question, what is the “right” thing to do if I am missing mortgage payments? In order to answer that, you need to educate yourself on exactly what is a short sale? What can I do to fix my situation? Do I walk away and let my house foreclose or do I ask for help? What happens to my credit if I do a short sale? Continue reading and find the answers to all of your questions as more. Just know, you are not alone.

What is a Short Sale?

A short sale is when you, as a homeowner, makes an agreement with your mortgage lender of your property, for an amount that is less than what you owe.  They will agree to terms equal to market value. It is a shortage to what is owed.

 Why would a mortgage…

View original post 698 more words

Advertisements

About Libbys' 411

Hello! I have been a Real Estate Broker for the Charlotte Metro and Lake Norman Area for 16 years. As a native of North Carolina I am able to share my knowledge of the area including business, housing market, recreation and great dining spots. Being a native of the area gives me the advantage of knowing many people. This is an advantage to both you and me! I get calls weekly from people that I know, looking to buy or sell their home or their land. I am unusually diverse in the area of Real Estate unlike many of my colleges, I also work with developers and builders as well as commercial leasing and land acquisition. Previous to being licensed as a Real Estate Broker I worked in the Real estate and Title Ins. Law field for 14 years. Having a Realtor with the amount of diverse and intimate knowledge of the total aspect of any Real estate transaction that I have is rare. I am waiting right now to help you. Thank you.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s