Foreclosure Solutions in the Merrimack Valley

Looking to buy or sell a home in Merrimack Valley? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at(978) 852-3001 for a FREE home buying or selling consultation to answer any of your real estate questions.

If you or anyone you know is going through a foreclosure, I have some advice for you to give them. It will make them incredibly happy after going through such a tough time.

1. The first thing that you can do is have them talk to a real estate professional that is highly skilled with short sales. Short sales offer benefits foreclosures do not.
2. Have the person know that after three years, their credit will be reset and they will be able to purchase again if they qualify, if they’ve had a short sale. Foreclosures can take anywhere from seven to 10 years for credit to heal.  
3. With a short sale, the person can remain in the property for a longer period of time than in a foreclosure.
4. Short sales allow better creditworthiness. Although it is not ideal, they stand a much better chance with a short sale than a foreclosure.

This can be a very tough time for people, but I urge you to reach out and speak to someone before they have to go through the awful process of foreclosure. Short sales are viable options in this situation, but many people simply don’t realize it.

Please don’t hesitate to contact me with any questions or concerns.

Should You Wait for a Better Offer?

Looking to buy or sell a home in Merrimack Valley? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at(978) 852-3001 for a FREE home buying or selling consultation to answer any of your real estate questions.

Should you accept the first offer on your home, or hold out for a better one? In today’s real estate climate, we are in an extremely active seller’s market. It’s important for you to take advantage of this opportunity and sell your home for top dollar in a short amount of time.

That means once your property is priced at true market value, several buyers will be attracted to your property.

Recently, a property sat on the market for six months because it did not have a garage and it was priced a little above market value. We strategically adjusted the price and elevated the quality of the property using professional services like professional photography, home staging, and videography posted online. Once we achieved that, we began to get offers coming in.

Had we accepted the first offer, we would have lost $43,000 in leveraging for that client. What I mean by that is when the first offer comes in, it’s important to understand that other offers will follow when the home is priced right. The agent can leverage that first offer so you can achieve the best time frame for your sale, get the best price, and the best terms and conditions.

If you have any questions, give me a call or send me an email. I would be happy to help you!