Short Sale FAQ: Why Should I Keep My Macomb County Michigan Utilities On?

CHESTERFIELD TWP, Mich. - Feb. 22, 2014 - PRLog -- Many short sale sellers are in extreme financial distress - so much so that tough choices have to be made.

It's difficult to see a way out, and every dollar is precious.

In the short sale process, there is an appraisal and an inspection, both of which occur closer to closing than many other transactions. The lender/s involved and the buyers are waiting to make sure the seller's bank/s will approve the contract, so typically, these two items happen right before the finish line.

Now, if you have not been in the house you are short selling, you may have considered not paying the utilities - DON'T!

Why? Because the appraiser and the inspector both need the utilities on, and many times special short sale relocation funds are tied to the home being occupied. And a current utility bill is what mortgage companies ask for - and, if you are not current on your utility bills, there could be a nasty surprise of $500 in back payments that will have to be paid in order to get the utilities back on.

An alternative is to simply maintain the most basic service you possibly can, and if there is no one living in the house; turn off the water at the source, so you don't have to worry about any leaks.

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.