Short Sale Real Estate Properties in Albuquerque Precautions

DonnaStark 2010-07-22

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Short Sales. If you're looking at a short sale to buy be aware that you must have a lot of time and patience when working with the mortgage company and there is never any guarantee you will get the house. If you are in financial trouble and are not able to make your mortgage payment, contact your mortgage company immediately and start working with them on your options. They will need to know if this is a temporary payment problem or on going because of medical reasons or job loss. This will determine how they will instruct you to proceed. Then contact your real estate agent and make sure they know the short sale process to get your home on the market immediately.

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