The Allen Team - Real Estate Deal Makers

Central Indiana Homes

Short Sale Assistance

     Short Sales are sales of real estate that have the proceeds fall short of what is owed on the property's mortgage(s).  These types of sales have been around since mortgages have existed, but it hasn't been until very recently that they have become so prevalent.  Short Sales offer an opportunity for a home owner to get themselves out of a bad situation without having to face a foreclosure.  Unfortunately, it is not an easy process and can be very stressful.  This is why it is important to have an expert on your side.  The Allen Team - Real Estate Deal Makers has a short sale specialist on their team, John Deck.  John Deck has acquired his CDPE designation, Certified Distressed Property Expert, and has helped a number of people both buy and sell homes that were short sales.  Both sides of a short sale transaction can be stressful and full of unknowns. 

Buyers:

     As a buyer in a short sale situation, your main struggle will be patience.  It can take as little as thirty days to learn if a short sale is going to work or not, and it can take as long as six months.  There are several unusual quirks that go along with being on this side of the transaction, and you need an expert on your side to protect you from mistakes as well as from wasting your time on a deal that is never going to close.  Please click on the link below if you would like to be connected with our CDPE.

Sellers:

     As a seller in a short sale situation, you will have much more involvement in the transaction than a normal deal.  This involvement is due to the interactions required with your lender(s).  Our CDPE will walk you through every step of the transaction and help you by explaining the "road map" to a successful result.  If you are having trouble making your payments, or if you expect to be in a situation where you are going to have trouble, the first step for you is to see if you can sell your home with a normal transaction.  If you end up owing more on your home than it is worth, then a short sale may be your best move.  Either way, we can help you make the decision that is best for you.  Please click on the link below to be connected to our CDPE.