What is a short sale?

     A "Short" Sale is a disposition of real estate which is collateral for a morgage loan where the mortgage holder agrees to accept a payment from a morgage borrower in an amount that is less than the total amount due under the promissory note executed by the morgage borrower. Until recently, a typical Massachusetts property owner envisioned that the value of real estate would always appreciate, and that at the time of sale, he or she would receive an offer to purchase from a prospective buyer at a price sufficient to pay off all secured debt and closing costa and receive proceeds of sale. That is no longer a certainty.

As short sale, as discussed above, is a sale to a bona fide purchaser where each of the mortage holders (and often times, other secured creditors) agree to accept an amount that is less than full amounts due them. 

                                                                      If you are in this type of situation and need help we will

                                                                              List your home for sale with no cost to you!

           Upon listing your home we will market it and obtain offers, at this time our Short Sales Team will work directly with your bank to get your short sale approved. Our short sale team consists of Realtors, an attorney plus an accountant. Our accountant can advise you on financial issues and our attorney will work with our Realtors and directly with your lender to make the short sale move forward. The Seahorse Realty short sale team of experts are here for you!

           If your are looking to purchase or sell a short sale property please sent us and email (email form is below).  For "sellers" please send name, address and contact information.  For "buyers" please email contact info and what towns you may to interest in purchasing a short sale home in and we will send you short sale listings in the area of your choice.