List N Sell Realty is there for homeowners needing to execute a short sale Toledo, Ohio

Are you ready to short sell your home?

What is a short sale? A short sale happens when the amount of the outstanding loans are greater than the amount for which the home could sell. This situation is often the result of values in a market rapidly deflating.

For many homeowners, a short sale is an ideal way to avoid foreclosure or bankruptcy when they can get the lender to write off the difference.

What steps do I take in a short sale?

First, determine the true market value of your home. A knowledgeable REALTOR^®, like those at List N Sell Realty, will be able to give you a reasonable idea of what your property would likely sell for based on prior sales of similar houses in the neighborhood. Be careful of websites where a computer estimates your house's market value since they may not have complete information or know important things like neighborhood trends and current listings.


	Need an honest idea of what your home's value today's market? Contact us today to find out how List N Sell Realty can help.

Next, estimate your closing costs. The knowledgeable agents at List N Sell Realty will take into account fees such as title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, call your lender and make them aware of your situation. They may even have a particular team that handles short sales. Ask about their particular steps. Some lenders will be more inclined to work with you than others. They may be able to lessen your loan principal or make other arrangements. Your lender will have to give consent for the final sale.

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