Tierney's Team - Keller Williams Realty is there for homeowners needing to do a short sale Sarasota, Florida

Time to short sell your home?

Don't know what a short sale is? A short sale is when the amount of the outstanding loans are greater than the amount for which the home could sell.

This could be caused by many factors, but most often is a result of a rapidly declining real estate market.

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

What steps do I take in a short sale?

First, figure out the true market value of your house. Since paying for a licensed appraiser may not fit your already tight budget, a knowledgeable local REALTOR^® that knows the current conditions of the Sarasota real estate market is a sound way to get an accurate estimate of what your home could sell for.


	When the time comes to sell your property, Tierney's Team - Keller Williams Realty will help. Use our experience and knowledge of the local real estate market in Sarasota to sell your home quickly. Contact us today.

Next, estimate your closing costs. The experienced REALTORS^® at Tierney's Team - Keller Williams Realty will take into account fees including title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, get in touch with your lender and notify them of the situation. They may even have a specific department that manages short sales. Ask about their particular procedures. Some lenders will be more willing 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 agree to the final sale.

Provided by Tierney's Team Keller Williams Realty | Offering a Solution for all of Your Sarasota & Bradenton Real Estate Needs!