If foreclosure is looming you may feel helpless. It is possible to still sell your home and avoid foreclosure. You must sell it quickly and that is not always easy. Here are some tips to get aggressive, and get your home sold fast. Price it right! Don’t try to squeak out the extra dollar price the home aggressively among the competition. This often means pricing the house low. You are trying to sell the home as fast as possible so every last dollar isn’t worth it at this point. Make sure to get real about what your home is worth. A Comparative Market Analysis (CMA) will outline properties similar to yours that have that recently sold, are pending and are currently on the market. Some experts suggest going 10% below that last sold price in your neighborhood. Communicate with your lender. You will need to get the go ahead from your lender on how low you can go. If you owe more than your home is worth complete a short sale application with your lender. Ask your lender to give you some indication of how low a sale price they will accept. Selling your home quickly and avoiding the black mark of foreclosure on your credit report is the goal. It may be hard to accept thousands less than what you paid for your home but you will be better off in the long run.]]>
Patrick Foran CDPE Certified Distressed Property Expert Cape Cod, MA
Cape Cod Short Sale and Foreclosure Expert Patrick Foran and Foran Realty offers Solutions For Homeowners in Cape Cod. If you owe more on your home than what it is worth and need a solution, call Foran Realty in Dennis, MA. Foran Realty offers fast, confidential information regarding the answers available to you and provides you with the information you need quickly. Homeowners need expertise to help them out of the most stressful, terrifying situation a family can face: losing their home. Foran Realty can help homeowners avoid foreclosure and turn a negative into a positive.