Short Sale Services

 

 

 

For Homeowners Who Are Currently Upside down on their Mortgages

A short sale is a relatively new term that has become increasingly popular due to today's economy and Real Estate trends.  Basically a short sale occurs when a homeowner owes more than their house is worth based on current fair market value and the mortgage company's willingness to take less than is currently owed in order to forego the more costly foreclosure proceedings. 

If you are facing foreclosure or find that you are no longer able to afford your current mortgage payment I may be able to help you get out from under your current mortgage.  My team and I have the experience to work with your creditors and negotiate a fair market value price which the mortgage company may be willing to accept as a full payoff amount of your existing debt.  I also utlize the services of a professional short sale negotiator to expedite the process, at no cost to you!  The ramifications of a short sale are far less detrimental than a foreclosure on your credit report. 98% of my short sale listings get approved by the bank and close!  Please contact me in order to go over your options (443-504-8930).  For more information on the shore sale process, please contact my short sale facilitator, Sherrie Brandquist.

Sherrie Brandquist

410-569-2937 (office)

 

Fair Housing Initiatives

For Buyers Who are Interested in Purchasing a Short Sale

If you are interested in purchasing a short sale there is a lot you need to be made aware of.  A short sale is a much more intricate process than a typical resale.  Therefore, patience is required for the majority of these transactions.  Most short sales take approximately 3 months to receive a response from the lender(s).  On top of that you can be waiting another month for closing and to remove your contingencies (i.e. home inspections, financing, etc.).  Purchasing a short sale sale does not necessarily mean that you will be getting a "deal."  The majority of short sales sell for fair market value based upon the most recent sales in the neighborhood.  For more information on the process of a short sale, please give me a call (443-504-8930) and I will walk you through the proper steps.

 

Harford County Short Sales

Baltimore County Short Sales

Baltimore City Short Sales

Matthew T. Smoot (ABR, SFR, CDPE, CSP)
Your "Whatever it Takes" REALTOR
The Exit Express Team
"Express Service, Express Results"
Associate Broker of Exit Preferred Realty
443-504-8930 (cell)
410-670-9100 (office)
410-670-9151 (e-fax)
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Testimonials

Matt is an awesome agent; he was a pleasure to work with. I listed my home with Matthew in September and he was very informative and reassuring about the entire process. After a terrible experience in 2007 with another agency I was hesitant to begin the process again, especially with the state of the economy. Matthew went above and beyond to keep me informed and comfortable throughout the entire process. He also returned all calls and e-mails the same day. At the end of October I received two contracts on my home and he helpmed me make an educated decision about which to accept. Matthew was also present at all of the inspections during the selling process and kept close contact with the buyer's agent. We closed on the sale right before Thanksgiving. Matthew is an excellent agent and I was extremely happy with my entire selling experience. I will definitely refer him to friends and family and will use his services again when the need arises. Jennifer Burns (Middle River) 2010
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