Dave Pautsch, REALTOR® at RE/MAX Integrity is there for sellers needing to do a short sale Albany, Oregon

Ready to short sell your home?

What is a short sale? A short sale occurs when the value of a home is less than the amount of the outstanding loans. This can be attributed to many factors, but commonly is a result of a rapidly declining real estate market.

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


How to do a short sale:

First, assess the true market value of your property. An experienced REALTOR®, like Dave Pautsch, REALTOR® at RE/MAX Integrity, will be able to give you a realistic idea of what your home would likely sell for based on a market analysis. Watch out for websites where a computer estimates your house's market value since they may not have complete information or know important things like neighborhood trends and current listings.

Need an honest idea of what your home is worth in today's market? Contact us today to find out how Dave Pautsch, REALTOR® at RE/MAX Integrity can help.

Next, don't forget about your closing costs. The qualified real estate professionals like Dave Pautsch, REALTOR® at RE/MAX Integrity will account for fees including title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, call your lender and make them aware of the situation. They may even have a particular team that deals with short sales. Ask about their specific procedures. Some lenders will be more inclined to work with you than others. They may be able to reduce your loan principal or make other arrangements. Your lender will have to agree to the final sale.


Dave Pautsch, REALTOR® at RE/MAX Integrity 2910 Santiam Hwy SE Albany, OR 97322
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