A short sale is simply when you negotiate with your lender to accept a payoff on your mortgage for less than what you owe. You have to list your home with a licensed REALTOR in order to be considered for a short sale. The great news is that you don't pay REALTOR commissions...the bank pays that for you. The bank also covers most other costs including closing costs.
We are hosting a Foreclosure Prevention and Short Sale consumer Seminar on Thursday, Oct. 21st at 7 p.m. at REMAX Encore at 8040 Ortonville Road, Clarkston, MI 48348 Email me at PapagniGroup@gmail.com to reserve your seat or call 248-620-1000.
For more information click on this link. http://www.youtube.com/watch?v=FWmK3JwuSHU
We will begin production on a video series soon. Please let us know what you want to know about most in your real estate market.
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