Coldwell Banker Schmidt
6789 S Lakeshore Dr Harbor Springs, MI 49740
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"Harbor Springs Real Estate"
"Find **Harbor Springs Real Estate** For Sale
"Short Sale Information"
"Short Sales"
It is the sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes.
Here at Morgan and Milzow Realtors, we have a frank discusion about the seller's financial status. With many people leaving the state of Mi. to find work, a quick sale is needed. Although many sellers expierencing the financial difficulties that lead to the decision to concider a short sale may be hesitant to talk about their financial difficulties, full disclosure is essential to the decision to commit to a short sale and to successfully negotiate with the sellers lender. We work fully with Phillip Seaver title Co in Clarkston Mi to attain results, so you can move on with your life.
Morgan and Milzow Realtors will market your home fully to have a quick sale.