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Remax Allegiance is there for homeowners needing to execute a short sale Alexandria, Virginia

Need to short sell your home?

What is a short sale? A short sale happens when the value of a home is less than the amount of the outstanding loans. This can be due to many causes, but most often is a result of a rapidly declining housing market.

Short sales could be a way for homeowners to avoid foreclosure and pay off their loan with the lender by settling.

How do I proceed with a short sale?

First, determine the true market value of your property. An experienced REALTOR®, like Remax Allegiance, will be able to give you a reasonable idea of what your house should probably sell for based on prior sales of similar houses in the neighborhood. Be careful of websites where a computer estimates your property's market value since they may not have complete information or know important things like neighborhood trends and current listings.

When you're ready to sell your property, Remax Allegiance is ready. Take advantage of my expertise and knowledge of the local real estate market in Alexandria to sell your home quickly. Contact us today.

Next, find out your closing costs. My experience means I know to account for fees such as title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at the closing table.

Finally, contact your lender and let them know of the situation. They may even have a special department that oversees short sales. Ask about their particular steps. Some lenders will be more inclined to work with you than others. They may be able to decrease the amount owed or make other arrangements. Your lender will have to approve the final sale.

Looking to Sell?

Are you looking to sell your house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

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