Featured Properties
Sell a Short Sale
A property is considered "short" if it is valued below what is owed on its mortgage. If an owner/seller does not have the cash to cover the shortage, a sale of the property can still close providing the mortgage company is willing to negotiate a "Short Sale". Short sale scenarios are quite common, but successful negotiations to actually close them are not.
As a Realtor, my primary goal is to help people keep their homes. But, if a sale cannot be avoided, I want to help owners sell their home as quickly and smoothly as possible.
Nationally, 3% of all mortgages are in foreclosure and an additional 8% are 30 days or more in arrears (past due). This means that 1 out of 9 homeowners are late on their mortgage by at least 30 days. Unfortunately, 80% of these homeowners do not take action in order to prevent their home from going into foreclosure.
Short Sale Solution
- If you are experiencing a financial hardship, you may qualify for a short sale of your home.
- You do not need to be behind in mortgage payments to qualify for a short sale.
- To review your options and learn more about a short sale, please contact me. Our conversation will be both confidential and obligation-free.
Short sale transactions are time-consuming and require extensive preparation, mountains of paperwork, careful analysis, persistent follow-up, and compelling negotiation. On average, only 20% of the short sales submitted to lenders for approval actually close. However, when you work with Nancy Aroneck & Company, your chances increase to 80%!
Nancy Aroneck, a Realtor for over 22 years, holds a CDPE (Certified Distressed Property Expert) designation. CDPE is an acronym that signals to the public that the Realtor displaying it has gone through extensive training to assist property owners who are in distress, with the goal of helping families avoid foreclosure.
If you are a candidate for a Short Sale, we will meet with you at your home to lay out an action plan for selling your house to avoid foreclosure. To review your options and learn more about a short sale, please contact me. Our conversation will be confidential and obligation-free.