Short Selling My Home Real Estate The correct way to short sale a home.
The Question…How do I short Sale My Home? Selling a home is never an easy task. It’s ranked up there with Divorce in terms of stress levels. I think this is because of the unknown and it’s just not something people do everyday. That’s why we at Turner Real Estate Group located here in New Orleans, Louisiana make it as simple and as stress free as possible. We make buying a home fun and exciting as it should be to anyone. The same goes for anyone faced with having to move from their property. We have always emphasized with our clients and in doing so has allowed for us to be at the forefront of ever facet to buying and selling a home. Impeccable service is the only way, there is no other way in our eyes.
The term short sale is nothing new but it’s a word no one wishes to hear. So…How do you short sale a home and what is a short sale? Simply put, it’s when a mortgage lender agrees to take less than what the property owner owes on the home thus the term selling it short of the mortgage balance. Simply said but not simply done. There are a series of things that have to be done in order for a mortgage company to even begin to consider taking less than what is owed on the home. These are a couple of them.
1st Homeowners must have a hardship; a reason why they have become delinquent on their mortgage.
2nd Most mortgage lenders will not consider a short sale if a homeowner is current on their mortgage payments.
How will a Short Sale affect my credit?
How long will it take to Short Sale my home?
Will I have to Move out of my Home Before it Sells?
These are just a few of the many questions most home owners should be asking when short selling a home. Every home is different and every homeowner has different
circumstances that goes into getting a short sale approved but rest assured we have done it hundreds of times. I say this not to boast but to inform anyone reading this message that they will have one of the most experienced real estate brokers in the nation helping the through the short sale process.
In addition to the short selling process we work with tens of thousands of home buyers. When we place a home on the market it’s likily we may already have a buyer for the home in our database of home buyers. The website, St. Tammany real estate includes foreclosures and short sales that can be a good choice for anyone. From government foreclosure properties to bank owned homes and short sales, the purchase of these St. Tammany homes for sale can result in a huge savings. The same can be said for New Orleans homes for sale. St. Tammany is a parish in the New Orleans-Metairie-Kenner metro area of Louisiana. The population was estimated at 264,000 as of 2006. Informally, this area is often referred to as the “North Shore.” This is due to the location of the parish on Lake Ponchartrain. This community includes the western St. Tammany towns of Madisonville, Covington and Mandeville.
Residents of St. Tammany real estate enjoy the proximity of New Orleans without actually living in the city. This is another reason for the popularity of this community. There are many residents who live here and commute to New Orleans to work. There are several major roadways that connect St. Tammany and New Orleans as well as surrounding areas. Lake Pontchartrain Causeway and the I-10 Twin Span are two that influenced growth in this area beginning in the 1960s.
St. Tammany real estate, such as foreclosures and short sales, has become increasingly popular among those looking to settle in this area. One reason is the relocation of Chevron’s regional corporate headquarters to an area outside of Covington. The headquarters was previously located in downtown New Orleans. Career opportunities combined with the many recreational opportunities in this area provide those who choose St. Tammany homes for sale with a variety of options.
Swimming, boating, bird-watching and enjoying the wildlife in the lakes and surrounding bayous are just some of the pleasurable aspects of choosing St. Tammany real estate. There are a variety of foreclosure and short sales, providing something for everyone. From single-family homes to condo and estates with acreage – a home that will fit your lifestyle can be found in this area.
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