The short sale process is never easy, but with strong negotiating skills, problem solving, and a well-executed marketing approach, Rick Giese was able to get the approval and close the real estate transaction. The Marine City home, which is located in the St Clair River area, a community close to parks and St Clair River fun, took 229 days to close. In recent months, banks have started to speed up their short sale process, but Rick says this was still an expected length for the short sale transaction. This was a Wells Fargo VA short sale in Marine City and they have agreed to not pursue the deficiency on the first or the equity line. The first mortgage payoff amount was almost $125,000 and the equity line had a balance of almost $50,000. The home was originally listed for $85,000 and closed for $90,000 in a FHA transaction with the lender paying $850 of purchasers closing costs.
“There are never any promises when it comes to short sales in Southeastern Michigan or anywhere in the country,” Rick Giese says, “there are many players in a short sale and all lenders have to come to an agreement on how much money they are willing to lose. Short sales however, offer homeowners the opportunity to avoid the damaging effects of a foreclosure and they can start rebuilding their lives. There are many parts of the short sale process that get complicated, so it’s important to hire someone like Rick Giese Short Sale Specialist and Default Advocate with RE/MAX Advisors. Experience and know how means everything in negoaiting Short Sales.
CALL RICK GIESE AT 1-800-274-5656 FOR SHORT SALE HELP NOW AND HIRE AND EXPERIENCED SHORT SALE and DEFAULT ADVOCATE.
Deciding whether or not to short sale a home is a difficult and often times frustrating experience that should never be attempted without seeking professional help. Rick Giese and his Short Sale team work at RE/MAX Advisors have proven time and time again that they have the experience and dedication to help families with their short sale needs. If you are on the fence about short selling your home and would like more information, contact Rick Giese at 1-800-274-5656 or email him at email@example.com Visit www.MIForeclosureHelp.com for more information on Short Sales and Loan Modifications.