Keji & Associates of Fairfax Realty,Inc Real Estate Agent Team, Closes Another Short Sale In Bowie

BOWIE, Md. - Jan. 3, 2015 - PRLog -- Keji & Associates of Fairfax Realty,Inc a Real Estate Agent Team, Closes Another  Short Sale In Bowie  Maryland

Keji & Associates, experienced short sale agents  in Bowie  at Fairfax Realty,Inc has helped another seller avoid foreclosure by successfully selling the house short sale. Keji & Associates, specializing in Bowie  Short Sales, Upper Marlboro  Short Sales and Fort Washington Short Sale has successfully closed another short sale transaction where a lender( Quicken Home Loan) accepted a short amount on the Bowie  Real Estate, saving the seller from becoming another Maryland Foreclosure statistic.

The lovely townhouse on Patriot Lane  was originally listed for $140,000 and it closed for $145,000 with $2000  closing cost contribution from Quicken Home Loan  to the buyer.  The seller in return got a full deficiency waiver, no cash contribution/promissory note, $3000 relocation money . The buyer was an investor that took just 35 days to close after  95 days waiting for approval.

The seller on Patriot Lane was in default for about 3months  facing foreclosure in Bowie. After many negotiations with the bank with no solution,  the home owner contacted Keji & Associates to process and negotiate a Bowie  short sale on their behalf. The process was very tedious, but working with a  knowledgeable team, a comprehensive marketing plan and a detailed title company, Keji & Associates successfully got the short sale approved to close the townhome. As with all Bowie  short sale process, all the parties involved must be willing and ready to corporate to provide all the documents that are required. As with all buyers of short sale in Bowie , they must be patient and willing to purchase the home at what the bank considers a fair market value based on their appraiser. The seller decided to do short sale rather  than allow another foreclosure in Bowie  in hopes of recovering quickly credit wise and  have the ability to purchase another house in 2 years

Keji & Associates of Fairfax Realty, a top team of Bowie  short sale specialist has put together a comprehensive team to assist Bowie  home owners facing foreclosure. Home owners who are facing Bowie  foreclosure can request a no obligation consultation with them to discuss their needs. Additional the team has created a custom package tailored to each mortgage lender and  servicers allowing the homeowners to complete the required document quickly. Many homeowners in Bowie  and surrounding areas are facing true hardships that force them to consider a Short Sale rather than face Bowie foreclosure.

Many Bowie  mortgages still exceed the fair market value of the property. Negative equity is an increasing problem in Maryland, but it is excessive in Prince George's county. With the price of homes not increasing as it did back in 2006 and many home sellers have no choice but negotiate with the bank to take less than what they owe also known as short on the sale of the property. The seller will need to prove a hardship to the bank which could include loss of income, health issues, divorce , excessive use of credit and other various situation that make it impossible for home owner to continue paying the monthly mortgage. The homeowners hires a Real Estate Agent ,such as Keji & Associates , Short Sale Agents to sell their home and work with the bank to accept the current market value.

About:

Keji & Associates of Fairfax Realty specializes in Upper Marlboro, Bowie, Fort Washington, Silver Spring Real Estate, short sales and  Upper Marlboro Foreclosures.