Client First Real Estate is there for consumers needing to execute a short sale Crofton, Maryland

Are you ready to short sell your home?

What is a short sale? A short sale happens when the amount of the outstanding loans are greater than the amount for which the home could sell. This can be due to many reasons, but frequently is a result of a rapidly declining real estate market.

Short sales may be a way for homeowners to preclude foreclosure and get out from under their loan with the lender by settling.


How do I proceed with a short sale?

First, assess the true market value of your home. A qualified REALTOR®, like those at Client First Real Estate, will be able to give you a reasonable idea of what your house should likely sell for based on prior sales of similar houses in the neighborhood. Beware of websites where a computer estimates your property's market value since they may not have complete information or know important things like neighborhood trends and current listings.

If you have any concerns regarding real estate or the process of going through a short sale in Crofton, Maryland you can contact me here or e-mail me.

Next, determine your closing costs. The qualified real estate agents at Client First Real Estate will account for fees like title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs upon closing.

Finally, contact your lender and tell them of your situation. They may even have a particular department that deals with short sales. Ask about their exact steps. Some lenders will be more able to work with you than others. They may be able to lessen the amount owed or make other arrangements. Your lender will have to agree to the final sale.




Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed3.87%4%
15-yr Fixed3.14%3.31%
1-yr Adj2.76%3.42%
* national averages


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Client First Real Estate 2138 Priest Bridge Court Suite 1 Crofton, MD 21114
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