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 metroh 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