Tuesday, March 3, 2015

Just Sold Another Short in Upper Marlboro: 9967 Campus Way Upper Marlboro


Keji & Associates of Fairfax Realty,Inc a Real Estate Agent Team, Closes Another  Short Sale In Upper Marlboro, 20774




Keji & Associates, experienced short sale agents   at Fairfax Realty,Inc has helped another seller avoid foreclosure by successfully selling the house short sale in Upper Marlboro. Keji & Associates, specializing in Short Sales has successfully closed another short sale transaction in Upper Marlboro where a lender( Ocwen Home Loan) accepted a short amount on the Upper Marlboro townhouse  Real Estate, saving the seller from becoming another Maryland Foreclosure statistic.

The lovely townhouse on Campus Way  was originally listed for $96,000 and it closed for $73,000 with buyer paying all cash for the purchase.  The seller in return got a full deficiency waiver, no cash contribution/promissory note, $3000 relocation money . The buyer was an investor that took just 35 days to close after 95 days waiting for approval. This townhouse in Upper Marlboro was  bought for  $151,650 in 2005,however with market crash the townhouse was sold for the current market value o $73,000.
 The seller on Campus Way  was in default for about one year  facing foreclosure in Upper Marlboro. After many negotiations with the bank with no solution,  the home owner contacted Keji & Associates to process and negotiate a Upper Marlboro  short sale on their behalf. The process was very tedious, but working with a  knowledgeable team, a comprehensive marketing plan and a detailed title company, Keji & Associates successfully got the short sale approved to close the town home. As with all  short sale process, all the parties involved must be willing and ready to corporate to provide all the documents that are required. As with all buyers of short sale in , they must be patient and willing to purchase the home at what the bank considers a fair market value based on their appraiser. The seller decided to do short sale rather  than allow another foreclosure in Upper Marlboro  in hopes of recovering quickly credit wise and  have the ability to purchase another house in 2 years

Keji & Associates of Fairfax Realty, a top team of   short sale specialist has put together a comprehensive team to assist  home owners facing foreclosure. Home owners who are facing   foreclosure can request a no obligation consultation with them to discuss their needs. Additional the team has created a custom package tailored to each mortgage lender and  servicers allowing the homeowners to complete the required document quickly. Many homeowners in the metro area  and surrounding areas are facing true hardships that force them to consider a Short Sale rather than face foreclosure.
Many Upper Marlboro  mortgages still exceed the fair market value of the property. Negative equity is an increasing problem in Maryland, but it is excessive in Prince George's county. With the price of homes not increasing as it did back in 2006 and
many home sellers have no choice but negotiate with the bank to take less than what they owe also known as short on the sale of the property. The seller will need to prove a hardship to the bank which could include loss of income, health issues, divorce , excessive use of credit and other various situation that make it impossible for home owner to continue paying the monthly mortgage. The homeowners hires a Real Estate Agent ,such as Keji & Associates , Short Sale Agents to sell their home and work with the bank to accept the current market value.







Keji & Associates of Fair fax  Realty is a team of licensed agents working daily to get homes sold for our clients the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043 , email keji@metrohomesrealty.com or visit our website . www.metrohomesrealty.com











No comments:

Post a Comment