Short Sale Services with
Kerby & Cristina Real Estate Experts

You are not alone! We are here to help. 

 If you have suffered job loss, income loss, medical expenses, or excessive use of credit to make it through these difficult economic times, you are not alone.  One in seven American homeowners are currently behind on their mortgage payments due to unforeseen and unavoidable financial hardship.  40% of Minnesota homeowners owe more than what their property is worth.

What is a short sale?

A “short sale” is an option for a homeowner to avoid foreclosure when they can no longer afford the mortgage payment on the home.  In a short sale, the lender allows the borrower to sell the property at its current value, even if the sale nets less than the total amount owed on the mortgage.  The lender agrees to pay the seller’s commissions, closing costs, and reasonable attorney and title fees charged in most real estate short sale transactions.

In order for a lender to agree to a short sale, they usually require the homeowner to list their property for sale at fair market value, provide financial information to the lender to confirm hardship, and only accept an offer from a buyer that is “arm’s length” in the transaction.  In most cases, it is in the best financial interests of the lender to approve a fair short sale offer rather than foreclose on the property.

How our team can help! 

The first step in the process is connecting with our team and sitting down with one of our expert Listing Specialists. They will discuss with you all options in selling your home and walk you through the entire process of short selling your home.

If you decide that you would like to move forward with a short sale we will connect you with our preferred attorneys MARKVE & ZWEIFEL for a no-charge consultation. They will be a key partner in helping throughout the entire short sale process.

Our goal is to always be your advocate which will allow for the best outcome in your short sale approval process. Our team understands that short sales are a more complex process and it is crucial to be represented by an experienced listing specialist. We will ensure that the marketing of your property and negotiations are handled in the most professional and knowledgeable manner possible. Ultimately, we will help achieve your goal of finding a buyer for your home.

We partner with one of the top law firms in Minnesota, MARKVE & ZWEIFEL who will use their expertise and represent your best interests while negotiating the most favorable outcome possible with your lender(s) and arrange for a successful closing of your home.

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