Deanna McDaniel
252-475-4332 |
Renee Burrus
252-475-0633 |
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Does the current
economy have you caught between a rock and a hard place?
We may have a FREE solution for you! We are a nationwide network
of short sale Realtors who offer Free counseling
and
short sale real estate
services to home owners in financial Hardship. If you owe more than
the value of your home, our local agents will work with your lender
to negotiate a lower payoff amount on your home loans in order to
get your home to a price range where it will sell in this market.
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You do not
always have to be in Default or foreclosure to work a short sale
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We are NOT
investors, we are state licensed and regulated real estate
agents, who are here to serve your best interests.
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It is usually in
your lenders best interests to accept a lower amount than you
owe.
If you are in
financial hardship and must get your home sold, we would like to
discuss your circumstances with you to see if you qualify for one.
Contact us today for a free,
confidential, no obligation consultation!
It is commonly assumed that foreclosed
properties are a real bargain, and while they are commonly priced
well below what the consumer would expect there may be a many extra
out of pocket costs that are not immediately apparent. For example:
· A common practice in the vacation rental home market
is that all or most furnishings are sold with the home for a very
small bill of sale, usually $1.00. In a foreclosed homes all
personal property (furniture, dishes, kitchen supplies and
electronics…etc) has been removed. Adding this back into the cost
of your vacation rental home will cost upwards from $20,000.00
depending on the size of the home, etc. This comes out of your
pocket not an item that can be added to a mortgage.
· All or most appliances have been removed…..more money
out of your pocket.
· Sometimes cabinet hardware, light fixtures, gas
logs….etc. have been removed.
· And please consider the deferred maintenance on a
foreclosed home. When people struggle financially there is little
extra to keep things up. Banks do not do repairs or pay for them.
· And these homes are transferred by Special Warranty
Deed rather than General Warranty Deed.
If you can accept these conditions and are
aware of the added costs foreclosed properties can be what you are
looking for and because our team is a SHORT SALE FORECLOSURE
RESOURCE (SFR), we can guide you through this process.
Remember all real estate values have been reduced by historic
percentages and there is a great inventory of privately owned homes
for sale.
Deanna
McDaniel Earns NAR Short Sales and Foreclosure Certification
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