If you are in danger of foreclosure or owe more on your home than it is currently worth, then a short sale may be a good option for you. Before you decide, however, watch this short video that outlines the top five short sale tips that homeowners in Western MA should consider before they sell their home with a short sale.
#1- Short sales are not right for every home owner in Western MA.
#2- It is critical that you hire a Western MA REALTOR who has short sale experience and a proven track record.
#3- Short sales are marketed traditionally and will be competing with traditional listings. You must make the property as competitive as possible. Clean up, de-clutter and put your best foot forward.
#4- This is an extensive process that requires many steps and a lot of paperwork. It is imperative that you stay on top of the transaction.
#5- Have a team in place that includes a short sale attorney, an accountant and a financial planner.