525 Realty Group is there for consumers needing to do a short sale Edmond, Oklahoma

Time to short sell your home?

Not sure what a short sale is? A short sale occurs when you owe more than what the house is worth. This situation is usually the result of values in an area rapidly declining.

For many homeowners, a short sale is preferential to foreclosure or bankruptcy when they can get the lender to forgive the remainder of the loan.


What's involved in a short sale?

First, figure out the true market value of your house. Since hiring a licensed appraiser may not work with your already tight budget, a qualified local REALTOR® that knows the current conditions of the Edmond real estate market is a sound way to get a reliable opinion of what your home could sell for.

To get top dollar for your distressed real estate in Edmond, Contact 525 Realty Group today for a company with the experience and knowledge to get you to the closing table quickly.

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

Finally, get in touch with your lender and tell them of your situation. They may even have a dedicated department that handles short sales. Ask about their specific 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 give consent for 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.

Your Information
Some Details