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Her Expertise Led To Our Owning A Lovely Home
I find moving unsettling, but Fleeta made me feel more comfortable.
Lawrence and Donna Welker
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Being located in Oklahoma the Owasso and Tulsa area is assured of four full and beautiful seasons with all the varied activities possible at different times of the year. There is sailing and hiking in the summer and sledding and snowmen in the winter. Spring is a lively, vigorous time of renewal and our autumns are so beautiful that people from all over take vacations at that time so they can take tours of the countryside and view the colorful foliage. What a place! Feel free to peek at our local forecast via the web site featured on this page. Request my Free Owasso and Tulsa area Relocation Package. It's packed full of useful and important information. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...
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Short Sales >2. How to Request a Short Sale If you are facing foreclosure and are considering selling your home as a short sale as an out, get in touch with a trusted real estate professional immediately. They will be able to assist you in the process of requesting to short sell your home.
- Your real estate agent will most likely tell you that some banks will not allow a short sale to happen. Contact your lender’s loss mitigation department and speak with a supervisor. Explain your financial situation and ask if you qualify to sell your home as a short sale.
- Ask the supervisor what documents you’ll need to proceed and make copies of those. (Depending on the lender this could be anything from bank statements, tax forms, pay stubs, etc.)
- Ask your real estate agent to come up with a comparative market analysis report to show your lender how much the home is worth based on home sales in the area.
- Write a letter of financial hardship detailing the reasons you are no longer able to make payments on your home.
- When you’ve completed all the aforementioned necessary paperwork, compile it together and mail it to your lender’s loss mitigation department.
- Pending your short sale application approval, request a deficiency release from the bank. The release absolves you of any obligation to pay the balance on the mortgage. If the bank refuses, continue to press the issue.
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| Q |
What price range is considered upscale or high-end in residential real estate?
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The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales. |
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