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Western Mass Homes Lesley Lambert

Short Sale/Foreclosure

Should You Sell Your Western MA Home With A Short Sale?

You are in a bad spot. You owe more for your Western MA home than it is worth and you need to sell. You are being relocated, or getting divorced or have lost your job or maybe you just need to reduce your monthly overhead. No matter what the reason, you need to move, but your home is now worth less than the mortgage that you owe your lender.

What do you do?

If you own a home in Westfield, Agawam, Southwick, West Springfield, Chicopee or other parts of Western Massachusetts and you need help deciding if a short sale is the right solution for you, then you should watch this:

When considering what is the right answer for your Western MA real estate and trying to decide if a short sale in Western MA is the best route, please know that there is help. Visit WWW.SHORTSALEMYHO.ME and I will be in touch for a FREE, no obligation short sale consultation.

“I Hate Doing Real Estate Without An Agent”

“I Hate Doing Real Estate Without An Agent”

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This was a quote from one of my clients today as he related a story of a small family sale that is being transacted privately.  I told him that I applauded his sentiment, but was curious as to what made him say that.

His response was direct…it is a pain to keep track of all the little details.

I joked with him that my day was made up of a million little details and that it can be a pain sometimes, but a good real estate agent has systems in place to help them deal with it.

I am a very organized REALTOR, I have to be…I don’t have time for disorganization and I need to be efficient and effective for my clients.  One tool that I referenced as a lifesaver in my career was DropBox.  With the help of this cloud filing system, I have my paperwork with me at all times, literally in the palm of my hand on my iPhone.  If a client, attorney of lender needs something from me, I can accomplish their request instantly and that saves me from having to remember to do it later (which is not an effective system for me at all).

There are a number of other tools that I utilize that help me to deal with the fine details of a real estate transaction.  I am glad to know that there are clients out there who recognize the need for the assistance of an agent!  There are a lot of reasons besides organizing a transaction that you want a good real estate agent on your team.

If you are in Western Massachusetts and need an organized, experience real estate agent to help you with the purchase or sale of a home, I hope you will give me the chance to try for the position!

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6 Strategies for Underwater Mortgages

On the most recent episode of the TREW Show, my co-host Nick and I discussed 6 strategies for underwater mortgages.

The unfortunate by-product of this difficult economy is the fact that many people are underwater or upside down in their home mortgage. We describe the options and strategies:

1- Stay and pay
2- Refinance
3- Loan modification
4- Short Sale
5- Foreclosure
6- Bankruptcy

Selling Your Western MA Home with a Short Sale Team

If you are a home owner in Western MA who is in a distressed position and need to sell your home, but you owe more than it is currently worth, we are here to help.

Our Short Sale Team is comprised of: Attorney Nyles Courchesne, financial planner Sonny Drenen and myself…Lesley Lambert, REALTOR with Park Square Realty.

Short Sale Team of Western MA

On Foreclosure, Short Sales and First Time Buyers in Western MA

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The economy is creating a strange situation.  On the one hand, people are in tight spaces and are being forced to face reality and leave their homes via distressed sales like a Short Sale or Foreclosure.

On the other hand, home prices in Western Massachusetts have hit what many consider the bottom and interest rates are the lowest we are likely to to see in our lifetime.  This creates a great buying environment, especially for investors and first time buyers.

 

Here are some interesting facts that were brought up at the Massachusetts Association of REALTORS state conference earlier this fall…

 

– They just raised the “Right to Cure” in Massachusetts…. It’s a minimum of 150 days before and bank/lender can start foreclosure proceedings… (This is due to the volume of foreclosures)

– 1 out of every 3 properties in Massachusetts are distressed…

– 34% of all sales (2010) were first time home buyers…

– 13% of all sales are short sales …

– 27% of all sales are foreclosed properties.

– 22% of all sales are investment properties.

– 35% of all sales are cash sales.

If you are a homeowner in Western MA that needs help with a distressed sale, I have the experience it takes to get your home sold and help you move on with your life.

If you are a home buyer in Western MA, I can help you to find the best opportunity for you no matter if you are a first time buyer, investment buyer or move up buyer.

Contact me, Lesley Lambert of Park Square Realty at 413-575-3611 or use the contact me button to the left of this post.

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