Issac W. Harper Real Estate Broker/Realtor© is there for sellers needing to execute a short sale Austin, Texas

Time to short sell your home?

Don't know what a short sale is? A short sale occurs when the value of a home is less than the amount of the outstanding loans. This situation is usually caused by values in a market rapidly declining.

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

How do I proceed with a short sale?

First, figure out the true market value of your house. A good REALTOR®, like Issac W. Harper Real Estate Broker/Realtor©, will be able to give you a realistic idea of what your property should likely sell for based on a market analysis. Be cautious of websites where a computer estimates your property's market value since they may not have complete information or know important things like neighborhood trends and current listings.

When the time comes to sell your home, Issac W. Harper Real Estate Broker/Realtor© can help. Take advantage of my expertise and knowledge of the local real estate market in Austin to sell your home quickly. Contact us today.

Next, don't forget about your closing costs. My experience means I know to consider fees including title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, get in touch with your lender and let them know of the situation. They may even have a special team that oversees short sales. Ask about their exact procedures. Some lenders will be more inclined to work with you than others. They may be able to lessen your loan principal or make other arrangements. Your lender will have to approve the final sale.


Issac W. Harper Real Estate Broker/Realtor©

P.O. Box 143683
Austin, TX 78714-3683