Short Sale Homes for Sale – Kansas City Region Short Sales Missouri and Kansas
The Kansas City area has many short sale homes for sale, whether it’s short sales Missouri has to offer in the region or short sales Kansas offers in the region of Kansas City. When considering buying a short sale home and handling the process of acquiring an approved short sale, many advantages and potential pitfalls must be assessed together. I am your Kansas City short sale specialist, ready to help you with the important process and purchase of your short sale home. I can assist with short sale loan modification and am a distressed property expert.
Sometimes neither those planning on buying a short sale home nor those planning on selling a short sale fully understand what constitutes a short sale. The simple answer involves selling a property for less than the amount owed on the mortgage. If the outstanding mortgage balance is greater than the market value of the real estate, the home or other property becomes a short sale. Many forms of property can be a short sale, too, including Kansas City land, for example.
It is important to note that while a home owner may be intent on selling a short sale, they cannot unless the bank agrees to the proposition. Banks are free to approve or disapprove a short sale. In cases where a bank yields an approved short sale, the bank typically stands to make more money through that transaction than through foreclosing.
A short sale specialist and distressed property expert, like myself helps you through all the steps involved with setting up and completing a short sale transaction. I make sure all qualifications are met, pricing meets with buyer, seller and bank approval, and I submit the required paperwork. Through my expertise, you gain peace of mind from start to finish in what can otherwise be a complicated set of steps that unfold amid the processes of selling a short sale and buying a short sale home.
Let me help you find short sale homes for sale, and guide you through the potential pitfalls to a smooth, successful transaction. In addition, feel free to use my convenient, fully integrated real estate and lifestyle map search to find distressed property, neighborhood and area amenity details. Then, take advantage of my distressed property and short sale expertise with your next real estate transaction!