My property is in rough shape and needs a lot of work - can I still do a Short Sale?

http://www.reallynicehomes.com/blog/my-property-rough-shape-and-needs-lot-work-can-i-still-do-short-sale/

Question & Answers for Short Sales

My property is in rough shape and needs a lot of work; can I still do a Short Sale on my property?

Absolutely. We can sell any property for any amount that matches the property's condition.  In fact most lenders are even more motivated to do a Short Sale on a property that needs work than on a property that doesn't. The lender does not want to do repairs if they foreclose on the property and they know the risk of loss associated with this process.

Normally a property that needs a lot of work is more likely to be sold as a distressed property. .where the lender and the buyer agree to a determined price based on condition.

How is that benefit you as a seller?

There is no  expense from your part doing a short sale. 

You are in a hardship and all the cost associated with a short sale is paid by the lender giving the third part authorization

For a free consultation, call: 

Fernando Herboso 

Broker for Herboso & Associates llc

http://www.reallynicehomes.com/short-sales-expert-maryland-virginia/

301-246-0001

Maryland Short Sale Real Estate, Maryland Short Sale Specialist, short sales, short sales help maryland, loan modifications Get the facts from a distressed property expert that has the ability to help you avoid a foreclosure by doing a Short Sale today!

"How to Short Sale And Never Pay The Bank Another Penny."

       

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