Short sell your home and avoid foreclosure 575 461-2100

McElroy & Associates is there for consumers needing to execute a short sale Tucumcari, New Mexico

Time to short sell your home?

Not sure what a short sale is? A short sale is when the value of a home is less than the amount of the outstanding loans. Short sales are often the result of home values in an area rapidly deflating.

Short sales may be a way for homeowners to preclude foreclosure and pay off their loan with the lender by settling.

How to do a short sale...

First, get an idea of the true market value of your property. Since hiring a licensed appraiser may not work with your already tight budget, a knowledgeable local real estate professional that knows the current conditions of the Tucumcari real estate market is a smart way to get an accurate estimate of your home's value.

To get top dollar for your distressed real estate in Tucumcari, it takes the level of know-how and experience we posses to get to the closing table quickly. Contact McElroy & Associates today.

Next, don't forget about your closing costs. My experience has taught me to consider fees such as title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs at the closing table.

Finally, call your lender and let them know of your situation. They may even have a specific department that handles short sales. Ask about their specific process. Some lenders will be more inclined to work with you than others. They may be able to reduce how much you owe or make other arrangements. Your lender will have to agree to the final sale.

Looking to Sell?

Are you looking to sell your house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

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