Sailing Home Realty Corp is there for consumers needing to execute a short sale Baldwin, New York

Ready to short sell your home?

Not sure what a short sale is? A short sale is when the value of a home is less than what is owned. Short sales are usually caused by home values in a market rapidly deflating.

Short sales can be a way for homeowners to avoid foreclosure and pay off 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 home. An experienced REALTOR®, like those at Sailing Home Realty Corp, will be able to give you a reasonable idea of what your house will probably sell for based on a market analysis. Beware of websites where a computer estimates your house's market value since they may not have complete information or know important things like neighborhood trends and current listings.

Baldwin homeowners who are upside down on their mortgage and need results fast can rely on the expertise of Sailing Home Realty Corp to guide them through the short sale process. Contact us today for a free consultation.

Next, calculate your closing costs. The qualified real estate agents at Sailing Home Realty Corp will consider fees such as title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs at closing.

Finally, get in touch with your lender and let them know of your situation. They may even have a dedicated department that deals with short sales. Ask about their exact steps. Some lenders will be more inclined to work with you than others. They may be able to reduce how much you owe or make other arrangements. Your lender will have to give approval for the final sale.


Sailing Home Realty Corp 1025 Atlantic Ave Baldwin, NY 11510-4247
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