What happens when you owe more in mortgages than your property is worth, and you must sell?

• Your first option is to bring enough money to closing to pay off the mortgages, closing costs, and commissions.
• Your second option is to hire an experienced realtor that will negotiate a short sale on your behalf.
• The third (not recommended) option is to let the property go into foreclosure.

We specialize in the second option, short sales. We will negotiate on your behalf with your lender.

What can we do for you?

• Negotiate away or minimize promissory notes
• Advise you on managing your property throughout the process
• Have the bank pay your closing costs and our commission
• Avoid foreclosure

If you are going to be unable to continue making payments on your mortgage, call us immediately at 952-649-1456 or email us at MaryAlice@MnRealEstateTeam.com The sooner we begin negotiating with your lender, the better it is for you. We can even negotiate on your behalf before you have missed a payment!

If you delay, your options will decrease. Some lenders will not negotiate a short sale after the sheriffs (foreclosure) sale has occurred. Every month that goes by is resulting in further damage to your credit report. Also, as the foreclosure proceeds, your lender is incurring more costs and it is more difficult to reach a settlement.

Why Choose Us?
Experience! We are familiar with the policies of most major lenders. We will provide one free consultation to help you go over your loss mitigation options. We will discuss all of your potential options, and you may be able to retain ownership of your property. Call today!

We have a system for short sales that puts our results head and shoulders above the competition. We know what questions to ask a lender and how to negotiate in terms that are relevant to your lender. We take control of the process and will be there for you every step of the way.

After the short sale is complete, we will still be there for you. We will refer you to the professionals who can help you with the rather complicated tax issues a short sale can create. We also have relationships with credit repair experts who can help you get your credit back on track.

Our Short Sale Specialist Team:
Mary Alice Short - Mary Alice manages the short sale division. She is responsible for initial consultations and coaching the team. She generally services listings in the eastern and southern suburbs, St. Paul, and western Wisconsin. She is featured weekly on The Minnesota Real Estate Show, Saturdays, 3-5 PM on 100.3 KTLK, FM
www.MnRealEstateShow.com

In addition to Mary Alice, the short sale division consists of seven agents who service Minnesota and Wisconsin: Sean Murphy, Jesse Grumdahl, Joe Stradcutter, Lise Siegel, Jim Lacher, Nichole Fredrickson, and Ross Lumley.

Call us today at 952-649-1456, or email us at MaryAlice@MnRealEstateTeam.com. We are here to help you through this process.

Fill out Our Contact Form

First:  Last:  Address:  City:  State:  Zip:  E-Mail:  Phone:   Your Request:   Insert Text from above:

|| Home  || Contact Us  || Communities || Site Map || Links