Fairfield County Short Sales





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Even the affluent region of Fairfield County CT has not been immune to the unfortunate trend of real estate foreclosures. Many homeowners are finding themselves in the precarious position of losing their home – sometimes at no fault of their own.  Even if foreclosure appears imminent, there are options available for some owners.  Fairfield County short sales, for example, are becoming increasingly common.
A short sale is the act of selling a home at a price lower than the balance of the outstanding mortgage.  If the lender cannot agree to refinance the loan or issue a forbearance agreement, this is one of the last options available to a distressed homeowner.  Contrary to popular belief, lenders would rather avoid foreclosing on a home because it is costly, and such institutions are not equipped to handle the management of real estate properties.  Instead, they may agree that the loss they will incur from Fairfield County short sales to be much more favorable.
Fairfield County short sales are highly sought after by prospective buyers who are becoming aware of the advantages of a short sale.  Unlike an auction, buyers have a chance to view the property before committing.  However, one of the disadvantages for both buyers and sellers is the timeline – decisions must be made quickly in order to ensure the short shale is successful. As the lender reserves final decision, it is important to be actively managing the process at all times.
Proposing a short sale and navigating the process is extremely complicated – relying on a professional source is recommended.  Contact The Property Network today.

Even the affluent region of Fairfield County CT has not been immune to the unfortunate trend of real estate foreclosures. Many homeowners are finding themselves in the precarious position of losing their home – sometimes at no fault of their own.  Even if foreclosure appears imminent, there are options available for some owners.  Fairfield County short sales, for example, are becoming increasingly common.
A short sale is the act of selling a home at a price lower than the balance of the outstanding mortgage.  If the lender cannot agree to refinance the loan or issue a forbearance agreement, this is one of the last options available to a distressed homeowner.  Contrary to popular belief, lenders would rather avoid foreclosing on a home because it is costly, and such institutions are not equipped to handle the management of real estate properties.  Instead, they may agree that the loss they will incur from Fairfield County short sales to be much more favorable.
Fairfield County short sales are highly sought after by prospective buyers who are becoming aware of the advantages of a short sale.  Unlike an auction, buyers have a chance to view the property before committing.  However, one of the disadvantages for both buyers and sellers is the timeline – decisions must be made quickly in order to ensure the short shale is successful. As the lender reserves final decision, it is important to be actively managing the process at all times.
Proposing a short sale and navigating the process is extremely complicated – relying on a professional source is recommended.  Contact The Property Network today.



  • wp socializer sprite mask 16px Fairfield County Short Sales | CT Real Estate
  • wp socializer sprite mask 16px Fairfield County Short Sales | CT Real Estate
  • wp socializer sprite mask 16px Fairfield County Short Sales | CT Real Estate
  • wp socializer sprite mask 16px Fairfield County Short Sales | CT Real Estate
  • wp socializer sprite mask 16px Fairfield County Short Sales | CT Real Estate
  • wp socializer sprite mask 16px Fairfield County Short Sales | CT Real Estate
  • wp socializer sprite mask 16px Fairfield County Short Sales | CT Real Estate
  • wp socializer sprite mask 16px Fairfield County Short Sales | CT Real Estate

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