Premiere Team Real Estate is there for sellers needing to execute a short sale Austin, Texas

Do you need to short sell your home?

Not sure what a short sale is? A short sale occurs when you owe more than what the house is worth. Short sales are usually caused by home prices in a market rapidly deflating.

For many homeowners, a short sale is preferential to foreclosure or bankruptcy when they can get the lender to write off the remainder of the loan.


How do I proceed with a short sale?

First, determine the true market value of your property. An experienced REALTOR®, like those at Premiere Team Real Estate, will be able to give you a reasonable idea of what your house will probably sell for based on a market analysis. Watch out for websites where a computer estimates your home's market value since they may not have complete information or know important things like neighborhood trends and current listings.

Need an honest idea of what your home is worth in today's market? Contact us today to find out how Premiere Team Real Estate can help.

Next, don't forget about your closing costs. The qualified real estate agents at Premiere Team Real Estate will account for fees including title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs upon closing.

Finally, call your lender and notify them of your situation. They may even have a special department that deals with short sales. Ask about their exact procedures. Some lenders will be more able to work with you than others. They may be able to reduce the amount owed or make other arrangements. Your lender will have to give approval for the final sale.

Looking to Sell?

Are you looking to sell your house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.
 
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