RE/MAX Performance is there for sellers needing to execute a short sale Cary, North Carolina

Time to short sell your home?

Don't know what a short sale is? A short sale is when the value of a home is less than what is owned. This situation is often caused by values in an area rapidly declining.

Short sales may be a way for homeowners to avoid foreclosure and get out from under their loan with the lender by settling.

What steps do I take in a short sale?

First, assess the true market value of your home. Since hiring a licensed appraiser may not fit your already tight budget, an experienced local REALTOR® that knows the current conditions of the Cary real estate market is a sound way to get an accurate estimate of what your home could sell for.

When you're ready to sell your home, RE/MAX Performance will help. Use my experience and knowledge of the local real estate market in Cary to sell your home quickly. Contact us today.

Next, determine your closing costs. My experience has taught me to take into account fees like title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs at the closing table.

Finally, get in touch with your lender and notify them of the situation. They may even have a particular department that handles short sales. Ask about their particular procedures. Some lenders will be more willing to work with you than others. They may be able to reduce the amount owed or make other arrangements. Your lender will have to give approval for the final sale.

Looking to Sell?

Are you looking to sell your house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

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