Need to short sell your home? What is a short sale? A short sale occurs when the value of a home is less than what is owned. This situation is usually caused by values in a market rapidly deflating. For many homeowners, a short sale is an ideal way to avoid foreclosure or bankruptcy when they can negotiate with the lender to write off the difference. What's involved in a short sale? First, find out the true market value of your home. A knowledgeable real estate professional, like those at Mickey Hambright, will be able to give you a realistic idea of what your property will likely sell for based on a market analysis. Be careful of websites where a computer estimates your home's market value since they may not have complete information or know important things like neighborhood trends and current listings. Should you have concerns pertaining to real estate or what happens during a short sale in Landrum, South Carolina just contact me here or e-mail me. Next, calculate your closing costs. The knowledgeable agents at Mickey Hambright will account for fees like title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs upon closing. Finally, call your lender and let them know of the situation. They may even have a particular team that deals with short sales. Ask about their particular steps. Some lenders will be more inclined to work with you than others. They may be able to decrease how much you owe or make other arrangements. Your lender will have to agree to the final sale.

Mickey Hambright specializes in North and SC farms, land and homes - servicing the real estate needs of home buyers and home sellers in search of real estate, homes for sale, condos, investment properties, horse farms, equestrian properties, stable properties, commercial real estate, new construction, new homes, land, lots, mountain view properties, farms and recreational property in these nearby communities and more!

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Mickey Hambright

400 E. Rutherford Street  Suite 100
Landrum,  SC  29356

Toll Free:  800-442-4749 Extension 121
Direct Line:  828-817-1796

Email:  gmhambright@gmail.com
Web Site: www.hambrightproperties.com

Licensed in North Carolina and South Carolina