One of the biggest questions/concerns a short seller has, is “Who will pay your commission in a short sale?”
The answer is very simple. In a successful short sale negotiation the lender will pay the real estate commission and any other fees involved. The fees that are usually included in are as follows:
1. Real Estate Commission- 5-7% of the cost of the home
2. Attorney Fees ( I always have an attorney help negotiate the transaction) $1500 or more
3. Any back taxes, condo fees, water/ sewer bills, etc….- Many times there are unpaid taxes and such…
4. Secondary notes or home equity lines of credit- this may not be paid in full but again negotiated
5. Typical closing costs, including tax stamps, deed preparation and other closing costs
These fees will all be paid by the bank in a successful transaction. A $200,000 sale price could have anywhere between $12,000 to $15,000 in fees on top off any secondary notes and what it will cost to eliminate the secondary note. Most likely, you as the seller, has no money to bring to the closing table.The great part is these fees are paid by your lender, you will have no out of pocket expenses, if the short sale has been negotiated properly.
If you are late on your payment and the bank has been calling you and you have seem to have exhasuted all possibilities, contact a pre-foreclosure specialist. There are usually no fees to the seller and the benefits of a short sale make it a much better option than letting the bank foreclose on your home.
For more information on short sales visit http://www.massachusettsshortsales.info
This article was provided by Kevin Vitali of EXIT Group One Real Estate. Tewksbury Massachusets. Realtor/ Real Estate Agent serving all of your Real Estate needs in the Merrimack Valley, Essex County, Middlesex County and Southern New Hampshire
UWO Tunnels – Middlesex to Western Sciences
|
|
Vintage Map of Westford Massachusetts Middlesex 1886 $15.00 |
|
|
1886 SOUTH ACTON MASSACHUSETTS MAP atlas poster MIDDLESEX county 81 $7.00 |
|
|
c1850 ‘MIDDLESEX’ Original Antique colour map $7.89 |
|
|
1987 Middlesex County New Jersey street and road map $6.99 |
|
|
1899 LARGE VICTORIAN MAP ~ ENVIRONS of LONDON ~ SURREY MIDDLESEX KENT HERTS etc $73.34 |
|
|
1835 SYDNEY HALL MAP OF MIDDLESEX COLOURED IN OUTLINE,UK.MAPS.ENGRAVINGS $7.89 |
|
|
MIDDLESEX LONDON 1880 original antique map $14.99 |
|
|
Map of Middlesex (1860′s) $0.99 |
|
|
Genuine Antique Map Middlesex Co, England, Zatta, 1779 $145.00 |
|
|
1879 WATERTOWN MASSACHUSETTS MAP atlas poster MIDDLESEX county 105 $7.00 |
|
|
1898 WINCHESTER MASSACHUSETTS MAP atlas poster MIDDLESEX county 96 $7.00 |
|
|
1889 TOWNSEND old MASSACHUSETTS MAP atlas poster MIDDLESEX county $7.00 |
|
|
1886 GROTON old MASSACHUSETTS MAP atlas poster MIDDLESEX county 37 $7.00 |
|
|
1886 GRANITEVILLE MASSACHUSETTS MAP atlas poster MIDDLESEX county 35 $7.00 |
|
|
1897 NEWTON old MASSACHUSETTS MAP atlas poster MIDDLESEX county 63 $7.00 |
|
|
GORGEOUS ANTIQUE 1871 MIDDLESEX COUNTY MASSACHUSETTS MAP LOWELL CAMBRIDGE NATICK $24.99 |
|
|
1891 Antique Map/MIDDLESEX, ENGLAND/Hand Colored $6.95 |
|
|
1781 map of Middlesex, New Jersey, $29.99 |
|
|
TOWN OF MIDDLESEX, VT Map from Beers Atlas Ca.1875 $25.00 |
|
|
Historic Map Clinton Connecticut Middlesex County 1881 $16.98 |
|
|
Vintage Map of Westford Massachusetts Middlesex 1886 $16.98 |
|
|
England MIDDLESEX COUNTY MAP 1850 Engraving Print RARE! $39.99 |
|
|
1879 WATERTOWN MASSACHUSETTS map MIDDLESEX county MA105 $10.00 |
|
|
1850 Map Middlesex Co. New Jersey $29.99 |
|
|
Old Ordnance Survey Map Southall Green near Heston Middlesex 1913 S15.14 New Map $3.87 |
|
|
MIDDLESEX Mddx: Decorative antique map. Moule.c.1840 $89.95 |
|
|
County Map MIDDLESEX J.Blaeu c1645 $1.58 |
|
|
A MAP OF MIDDLESEX 1720. OWEN BOWEN $91.68 |
|
|
1645 Map Hertforshire and Middlesex England Janssonius $7.00 |
|
|
18xx WESTFORD old MASSACHUSETTS MAP atlas poster MIDDLESEX county 93 $7.00 |
|
|
1887 BILLERICA MAP atlas poster MASSACHUSETTS MIDDLESEX county 67 $7.00 |
|
|
1886 SOUTH ACTON MASSACHUSETTS MAP atlas poster MIDDLESEX county 81 $7.00 |
|
|
1886 GROTON old MASSACHUSETTS MAP atlas poster MIDDLESEX county 37 $7.00 |
|
|
1898 WINCHESTER MASSACHUSETTS MAP atlas poster MIDDLESEX county 96 $7.00 |
|
|
Old Ordnance Survey Map Edgware near Gt Stanmore Middlesex 1935 Sheet 6.13 New $3.87 |
|
|
Aerial Photography Map of Middlesex, North Carolina 2010 NC For most small towns, this is the first time a printed aerial map has been available. The aerial photography map of Middlesex, North Carolina is a great gift for any lover of maps. One will spend hours discovering their town from a bird’s eye view. The map is suitable for framing. *NOTE* Actual map is much more crisp than images above. We are constantly updating our aerial photography. Actual m… |
|
|
Aerial Photography Map of West Middlesex, Pennsylvania 2010 PA For most small towns, this is the first time a printed aerial map has been available. The aerial photography map of West Middlesex, Pennsylvania is a great gift for any lover of maps. One will spend hours discovering their town from a bird’s eye view. The map is suitable for framing. *NOTE* Actual map is much more crisp than images above. We are constantly updating our aerial photography. Actua… |
|
|
Aerial Photography Map of Middlesex, New Jersey 2010 NJ For most small towns, this is the first time a printed aerial map has been available. The aerial photography map of Middlesex, New Jersey is a great gift for any lover of maps. One will spend hours discovering their town from a bird’s eye view. The map is suitable for framing. *NOTE* Actual map is much more crisp than images above. We are constantly updating our aerial photography. Actual map m… |
|
|
Magellan Traffic Link for Subscription-Free Traffic for RoadMate 1210, 1220, 1340, 1424, 1440, 1470, 4700 $24.96 Amazon.com Product Description Stop sitting in traffic waiting for traffic updates on your favorite radio station. Traffic Link will alert you on current traffic conditions for the area in which you are travelling. Simply plug in the Traffic Link device to your compatible Magellan GPS device, and you’ll receive free information on the type of incident (e.g., accident or slow traffic), status of su… |
|
|
Middlesex/Monmouth/Ocean NJ Atlas (Middlesex County, Monmouth County, Ocean County, Nj Atlas) $26.95 This detailed, fully street-indexed atlas of Middlesex, Monmouth, and Ocean Counties, New Jersey includes: Barnegat, Berkeley, Brick, East Brunswick, Edison, Freehold, Howell, Jackson, Lacey, Lakewood, Manalapan, Manchester, Marlboro, Middletown, Monroe, Old Bridge, Piscataway, Sayreville, South Brunswick, Stafford, Toms River, Wall & Woodbridge. Featuring: Airports, Colleges & Universities, Golf… |
|
|
Middlesex Monmouth Ocean Counties NJ Atlas $28.99 This detailed, fully street-indexed atlas of Middlesex, Monmouth, and Ocean Counties, New Jersey includes: Barnegat, Berkeley, Brick, East Brunswick, Edison, Freehold, Howell, Jackson, Lacey, Lakewood, Manalapan, Manchester, Marlboro, Middletown, Monroe, Old Bridge, Piscataway, Sayreville, South Brunswick, Stafford, Toms River, Wall & Woodbridge.Featuring: Airports, Colleges & Universities, Golf C… |
|
|
Middlesex County NJ Street Atlas $14.99 … |
Tags: historical · london · map · map middlesex county · map middlesex county ma · map middlesex county massachusetts · map middlesex county nj · map middlesex fells · maps · middlesexNo Comments
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.