Harvey Realty Group, LLC is there for homeowners needing to do a short sale Great Falls, Virginia

Ready to short sell your home?

What is a short sale? A short sale happens when the value of a home is less than what is owned. Short sales are usually the result of prices in an area rapidly deflating.

For many homeowners, a short sale is an ideal way to preclude foreclosure or bankruptcy when they can get the lender to forgive the remainder of the loan.

How do I proceed with a short sale?

First, get an idea of the true market value of your house. An experienced REALTOR^®, like those at Harvey Realty Group, LLC, will be able to give you a reasonable idea of what your property will likely sell for based on prior sales of similar houses in the area. Be cautious 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.


	When you're ready to get started, contact me through my site or e-mail me. I'm happy to answer questions you have regarding real estate short sales.

Next, calculate your closing costs. The experienced real estate professionals at Harvey Realty Group, LLC will consider fees including title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs upon closing.

Finally, call your lender and make them aware of your situation. They may even have a dedicated team that deals with short sales. Ask about their specific procedures. Some lenders will be more inclined to work with you than others. They may be able to decrease how much you owe or make other arrangements. Your lender will have to agree to the final sale.

Harvey Realty Group, LLC 1146-H Walker Rd. Great Falls, VA 22066-1838

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