Coldwell Banker Advantage is there for homeowners needing to do a short sale Fayetteville, North Carolina

Do you need 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 value of the home. This may be due to many factors, but most commonly is a result of a rapidly declining housing market.

Short sales can be a way for homeowners to avert foreclosure and pay off their loan with the lender by settling.

How to do a short sale:

First, find out the true market value of your house. For those whose finances are already pushed to the limit, hiring a licensed appraiser may not be feasible. Therefore, an experienced local real estate professional that knows the current conditions of the Fayetteville real estate market is the best way to get an accurate idea of what your home could sell for.


	When the time comes to sell your property, Coldwell Banker Advantage can help. Take advantage of our experience and knowledge of the local real estate market in Fayetteville to sell your home quickly. Contact us today.

Next, estimate your closing costs. The experienced real estate agents at Coldwell Banker Advantage will consider fees including title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs at the closing table.

Finally, call your lender and notify them of your situation. They may even have a specific department that handles short sales. Ask about their specific steps. Some lenders will be more able to work with you than others. They may be able to lessen how much you owe or make other arrangements. Your lender will have to give consent for the final sale.

Coldwell Banker Advantage 3800 Raeford Rd Fayetteville, NC 28304

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