The answer to that is YES!!!! The short sale niche is certainly growing in importance and popularity in our real estate community today. Banks and lenders are overwhelmed with foreclosed properties. So what are they doing? To save themselves money and the legalities involved in a foreclosure, many banks are encouraging short sales. Lenders are also getting a little easier to deal with on short sale offers. Truth be told, a successful short sale helps your lender to avoid getting one more foreclosed home on their books. Banks are in the business to lend money not hold foreclosed homes.
Sue Melhorn is a Certified Distress Property Expert and a Realtor licensed in the States of New Hampshire and Maine. She is trained in helping sell your home when you owe more than your home is worth. She is not an attorney, tax professional or loan modification expert from a bank. She will always advise you to talk to qualified professionals if the need arises. However, she is a local Realtor who can help you sell your home short without a real estate commission or any other upfront fees. She will discuss the pros and cons of your options. Request her report answering many questions about Short Sales and you can visit her website Can We Sell Short or Seacoast Homes For You.