Fonville Morisey Realty is there for sellers needing to do a short sale Cary, North Carolina

Time to short sell your home?

Don't know what a short sale is? A short sale occurs when the amount of the outstanding loans are greater than the amount for which the home could sell. This situation is usually caused by home prices in a market rapidly deflating.

Short sales can be a way for homeowners to prevent foreclosure and get out from under their loan with the lender by settling.

How to do a short sale:

First, get an idea of the true market value of your house. Since paying for a licensed appraiser may not fit your already tight budget, an experienced local real estate agent that knows the current conditions of the Cary real estate market is a sound way to get an accurate opinion of what your home could sell for.


	When it's time to sell your home, Fonville Morisey Realty is ready. Use our experience and knowledge of the local real estate market in Cary to sell your home quickly. Contact us today.

Next, don't forget about your closing costs. The experienced real estate agents at Fonville Morisey Realty will consider fees like title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, call your lender and tell them of the situation. They may even have a special department that deals with short sales. Ask about their particular procedures. Some lenders will be more inclined to work with you than others. They may be able to lessen how much you owe or make other arrangements. Your lender will have to approve the final sale.

2395 Kildaire Farm Rd Lochmere Sales Office Cary, NC 27518-6689
Phone: Fax:

Copyright © 2012 Fonville Morisey Realty
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.