If you purchased your home during the real estate boom you may be surprised to learn that the market value of your home has not increased and, in some cases, even depreciated. This can become an issue when needing to sell your property.When you owe an amount on your property that, when combined with closing costs, is higher than current market value, you may be in a ‘short sale’. Crowne Realty provides alternative listing options to help in this situation to avoid possible foreclosure and your ability to purchase a home in the future.
Crowne Realty has more Short Sales Specialists than any other real estate firm locally. Crowne Realty has more Short Sales Specialists than any other real estate firm locally. A short sale occurs when a negotiation is entered into with the homeowner’s mortgage company or companies to accept less than the full balance of the loan at closing. Our real estate brokers work tirelessly to help each seller with their own unique situation. In addition, we contract with a highly skilled short sale specialists to assist our Realtors and their customers with the short sale process. In 2014, Crowne Realty closed escrow on 99% of the short sales they represented. For more information on our Short Sale or Foreclosure Avoidance assistance, please contact us to schedule an appointment with one of our certified real estate brokers.
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