Rick Giese Macomb County MI Short Sale Specialist Can Short You’re your Property FREE of Costs

CHESTERFIELD TWP, Mich. - March 8, 2014 - PRLog -- Getting out from under your Macomb County Michigan Short Sale nightmare that an underwater home loan represents and leaves most homeowners living in the Southeastern Michigan area with very few viable options that don’t end without foreclosure notices being filed by the lien holders.

A new trend in real estate transactions, short sale, is providing an additional option for homeowners who are able to act proactively to try and avoid the credit damage caused by a foreclosure judgment by giving serious consideration to a short sale transaction instead.  If you are thinking of entering a short sale transaction in Macomb County Michigan, you need to be aware of a few facts.

What is a Short Sale?

When a bank forecloses on a property, all they are really getting for their lawsuit is an empty piece of property that needs to be managed, maintained, monitored, and moved in a tepid real estate marketplace.  As such, they would prefer to not have to take over the property in the first place, and a short sale option is a way to recoup a portion of their money without being burdened by the cost associated with taking on the role of property manager for properties they don’t even want in the first place.

A short sale is a settlement of the debt that is conducted around a negotiating table rather than a court room.  As mentioned, banks do not want to be in the business of managing properties, so they are willing to discuss accepting less money than they are entitled to if it means not having to take on the responsibility of managing the property.

It is this natural tendency that holds an advantage to the homeowner who finds themselves underwater and looking for an escape that doesn’t involve foreclosure proceedings.  It should be noted that short sales are by no means a certainty as the lender may find it in their best interest to keep the property, but if you are entering into such an arrangement you need a real estate agent with a specialized set of skills to navigate through these sometimes confusing financial waters.

Things to Know About Short Sales…

Every person’s financial situation is different, and every real estate transaction is unique.  As you enter into negotiations you should first realize that the term “short sale” is a misnomer as applied to the time it takes for the deal to close.  Short sales are not a short term process.  Depending on the number of lien holders involved, extensive negations will be required to get everyone on board with the deal.

Patience should be your watchword upon entering into any negotiation, and you should do so with an experienced real estate negotiator by your side.  The Southeastern Michigan real estate market is a dynamic environment that requires fast action and knowledgeable resources to affect a deal.  As such, when looking for a partner in your Macomb County short sale, you should look to the expert credentials of Rick Giese to increase your chances for success.

If you are considering a short sale on your current home, contact me Rick Giese at 586-242-3100 to help you with the process.

Are you or do you know a neighbor, relative, work associate who is struggling to make their house payment, have them get a FREE copy of my book "The Home Owner's Guide to Real Estate Short Sales" A guide to help you avoid foreclosure. Get your FREE Copy here www.miforeclosurehelp.com

If you are considering a short sale, please contact me Rick Giese, associate broker at RE/MAX Advisors at 586-242-3100 so that we can discuss your unique situation.

Owe more than your property is worth? Missed a payment or your bank is threatening foreclosure, I can help. A short sale of the property might be the answer. Call me, Rick Giese at 586-242-3100 or email rick@rickgiese.com My FREE book explains how you can avoid Foreclosure and walk away paying and owing Nothing!

I never charge a fee to our sellers. All fees are paid by your lender, when we succeed in the short sale of your property.

The right representation will make the difference in your transaction. Rick Giese is an experienced Short Sale REALTOR, having closed over 250 Short Sales in the past 5 years! Rick's Negotiators will fight to accomplish your goals and get you out of that upside down property.

Rick Giese specializes in loan modification assistance and short sales in the Macomb, Oakland and southern St Clair County Areas of . Loan Modification Help, Short Sale Help. Oakland Short Sale Help Macomb and our services are offering sellers another option besides pre-foreclosure foreclosure or bankruptcy that can affect their credit for years. We are currently offering our services in the Richmond, Shelby Township, Macomb Township, Chesterfield Township, New Baltimore, Clinton Township, Sterling Heights, Mount Clemens (Mt Clemens) Fraser, Harrison Township, Warren, Roseville, St Clair Shores areas of Macomb County Michigan Madison Heights, Troy, Clawson, Royal Oak, Rochester, Rochester Hills, Berkley, Birmingham areas of Oakland County