Just Sold Another Short Sale in Upper Marlboro: 10505 Babbling Brook Ct, Upper Marlboro
Keji &
Associates of Fairfax Realty, Inc a Real Estate Agent Team, Closes Another Short Sale In Upper Marlboro Maryland-
February 2015
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 where a lender( Chase
Home Loan) accepted a short amount on the Upper Marlboro detached Real Estate,
saving the sellers from becoming another Maryland
Foreclosure statistic.
The large detached house on Babbling Brook Ct
in Marlton was sold for $250,000 after being listed for over 90 days, the short
sale lender(Chase
Home Loan) accepted the current market value and also
allow $5000 for the buyers to use towards closing cost. The sellers in return
got a full deficiency waiver, that is they will not be responsible for the
difference between what they owe and what the property sold for.
The home buyer of this short sale in
Upper Marlboro are move up buyers looking for a large house in Upper Marlboro
and this house in Marlton meets their need. The buyers waited for 45 days to
get the short sale approved and took them 40 days to close.
This detached house in Upper Marlboro was bought for
$265,000 in 2010,with the sellers
facing financial difficult they are unable to keep the house and decided to
sell short sale.
The sellers on Babbling Brook ct Upper Marlboro were 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 townhome. 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. Additionally, 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.
Related Article:
About:
Keji & Associates of Fairfax Realty specializes in Upper
Marlboro, Bowie, Fort Washington ,
Silver Spring Real Estate, short sales and
Upper Marlboro Foreclosures.
Contact:
Keji & Associates of Fairfax Realty,Inc
301-613-2043
301-794-9400
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