Team Soltau Realty is there for homeowners needing to execute a short sale Cumming, Georgia

Ready to short sell your home?

Don't know what a short sale is? A short sale occurs when you owe more than what the house is worth. Short sales are typically caused by prices in an area rapidly deflating.

Short sales can be a way for homeowners to prevent foreclosure and pay off their loan with the lender by settling.

How do I proceed with a short sale?

First, determine the true market value of your house. For those whose finances are already pushed to the limit, engaging a licensed appraiser may not be an option. Therefore, an experienced local real estate professional that knows the current conditions of the Cumming real estate market is a sound way to get a reliable estimate of what your home could sell for.


	Need an honest idea of what your home could sell for today's market? Contact us today to find out how Team Soltau Realty can help.

Next, be sure to figure in your closing costs. The qualified REALTORS^® at Team Soltau Realty will account for fees like title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, contact your lender and let them know of the situation. They may even have a special team that manages short sales. Ask about their exact process. Some lenders will be more willing 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 approval for the final sale.