My First Time: My First Short Sale
By Kathryn Acciari, Mortgage Loan Originator
(Central One Federal Credit Union)
My First Time: My First Short Sale This post is being submitted as an entry in Patricia Kennedy's: Your First Time - The Real Estate Edition Contest. 3 Causeway Road, Holland MA In the summer of 2012, a couple contacted me for help with selling their home. In the course of discussion, it was revealed that they owed more on their mortgage than the house would gain in the market. They expressed interest in selling as a short sale, and we listed the home as such. This was my first potential short sale transaction. Luckily, I had gone through the training for the Certified Distressed Property Expert designation and had an encyclopedia of resources available. In addition, short sales had become a regular part of my market in Central Massachusetts. I felt this one had a good chance of bei...