One Stop Multiservice Inc is there for sellers needing to execute a short sale WOODSIDE, New York

Need to short sell your home?

What is a short sale? A short sale happens when the value of a home is less than what is owned. This may be attributed to many causes, but most commonly is a result of a rapidly declining real estate market.

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


How to do a short sale:

First, get an idea of the true market value of your home. A good REALTOR®, like those at One Stop Multiservice Inc, will be able to give you a realistic idea of what your home should probably sell for based on a market analysis. Beware of websites where a computer estimates your house's market value since they may not have complete information or know important things like neighborhood trends and current listings.

When you're ready to get started, contact me through my site or e-mail me. I'm glad to answer any questions you have about real estate short sales.

Next, be sure to figure in your closing costs. The qualified real estate professionals at One Stop Multiservice Inc will consider fees such as title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs at closing.

Finally, contact your lender and let them know of your situation. They may even have a special department that deals with short sales. Ask about their particular procedures. Some lenders will be more willing to work with you than others. They may be able to decrease your loan principal or make other arrangements. Your lender will have to agree to the final sale.