Short Sale Definition:
A Short Sale occurs when the proceeds of a real estate sale fall short of the balance owed on the property and; the underlying lienholder (Lender) agrees to accept a purchase offer from a Buyer that does not cover the existing mortgage including any costs of sale; and the Seller does not have sufficient assets to make up the deficiency.
Short Sales and Distressed Homes for sale make up a large percentage of the available homes for sale in County. Selling or Buying distressed real estate properties can be difficult for both Seller’s and Buyer’s in negotiating with the underlying lender (lien holder) in obtaining the desired decision from the lender, acceptance of the offer presented. Each lender has a set of rules for receiving and reviewing any offers that may be presented to them for Short Sale consideration. I have successfully helped to coordinate the processing of many Short Sales with several different lien holders.
If you are a Seller in Pre-Foreclosure or looking for sound information on how to avoid foreclosure, please contact me for Short Sale information that will assist you in making an informed decision. I cannot and will not guarantee to prevent a foreclosure sale.
If you are looking to buy Distressed Properties or wanting to discuss your options in Selling a Distressed Home. please contact me for Short Sale help.
Let me help you, as your Short Sale real estate Agent and Broker Specialist, with your Distressed Property Search and provide you with a list of the Short Sale and Foreclosure properties that meet your search criteria.
I can also help you with buying Foreclosure Homes, Bank Owned homes, Real Estate Owned (REO) and bank foreclosures for sale by providing you with real estate foreclosure listings of foreclosed properties.
Short Sale homes are often homes in foreclosure and may already be involved in the foreclosure short sale process.
Short Sale Buyer and Seller assistance offered for all pre-foreclosure homes and properties located in Snohomish County including: Arlington, Bothell, Brier, Edmonds, Everett, Granite Falls, Lake Stevens, Lynnwood, Marysville, Mill Creek, Monroe, Mountlake Terrace, Mukilteo, Snohomish, Stanwood, Sultan & Woodway.
We also offers Short Sale assistance in King County, Washington including: Auburn, Bellevue, Black Diamond, Bothell, Burien, Carnation, Clyde Hill, Duvall, Enumclaw, Federal Way, Issaquah, Kenmore, Kent, Kirkland, Lake Forest Park, Maple Valley, Medina, Mercer Island, Newcastle, North Bend, Redmond, Renton, Sammamish, Seattle, Shoreline, Snoqualmie, Vashon Island, West Seattle & Woodinville. King County Washington Short Sale homes.