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Short Sales / Foreclosures

In an article by Elizabeth Weintraub, About.com Guide to Home Buying / Selling
Sellers who stop making mortgage payments — and those headed into default who cannot refinance or work out financing alternatives with their lender — have three options for sale: sell the property before foreclosure is final, give a deed-in-lieu of foreclosure to the bank or let the bank take the property in foreclosure. Buyers and investors often try to negotiate with the bank on short sales before the home foreclosure is complete, especially if the home is worth less than the outstanding mortgage balance.

For more information on how we can help you, call Badger Realty, in the heart of North Conway and Jackson Village, New Hampshire, and serving the Mt. Washington Valley and Western Maine for all your real estate needs. 603-356-5757; email – info@BadgerRealty.com; PO

Box 750, North Conway, NH 03860

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