We are a resource for homeowners that may need to short-sell their home in Hennepin County, Dakota County, Ramsey County, Anoka County, Scott County, Carver County, and Washington County. If your upside down on your home, condo, or townhome and you live in the greater Twin Cities area – We Can Help!
The John Schuster Group is one of the Top Selling Residential Real Estate groups with short sales. The John Schuster Group has sold over 3,800 homes in the last 10 years, is a 6-year recipient of #1 Listing Agent with Coldwell Banker Realty statewide.
Brandon Anderson is our dedicated professional Short Sale negotiator and he is CDPE Certified (Certified Distressed Property Expert www.cdpe.com). Do not wait until it is too late, we have helped countless homeowners throughout the metro successfully negotiate short sales.
If you own more than your home will sell for in today’s marketplace AND something has happened in your life that could be considered a hardship, short-selling your home may be the best option for you!
A Homeowner Is “Short” When they owe more money on their property than it could sell for in the current real estate market after accounting for all sale-related expenses including closing costs and commissions paid during the sale.
A Short Sale Occurs when negotiations are entered into with a borrower’s mortgage company or companies if there are more than one to accept less than the full balance of their loan at closing. After the property is marketed through a Realtor and a new buyer purchases the property at the time of closing it is “sold short” of the mortgage.
Today, banks are more willing than ever before to negotiate a lesser amount for your mortgage debt if you are unable to keep up with your payments. Why would they do this you may ask? A short sale actually saves the bank anywhere from 30-50% when compared to the costly foreclosure process including legal fees, carrying costs, and other expenses.
It is critically important to remember that a foreclosure has broad implications that will negatively affect your credit score for 7 years and remains on your credit report indefinitely.
A short sale offers you a lifeline and better solution than a foreclosure does. A short sale can help save you from the financial hardship tied to a declining real estate market, job loss, reduced income, unsustainable debt, mortgage payment increases, medical expenses, divorce, and many other forms of economic challenges.
The Congress has put forth legislation making it easier than ever before for homeowners to seek shelter from these economic hardships through the short sale process.
A Certified Distressed Property Expert® (CDPE) has a thorough understanding of complex issues in today’s turbulent real estate industry and knowledge of foreclosure avoidance options available to homeowners. CDPEs can provide a solution for homeowners facing market hardships and assist you with the short sale process.
Homeowners regularly proceed without guidance of any kind through the often financially and emotionally devastating prospect of foreclosure. Speaking with a well-informed, licensed real estate professional is the best course of action for a homeowner in distress.
Through comprehensive training and experience, CDPEs have the tools to help homeowners find the best solutions for their unique situations and to avoid foreclosure through the efficient execution of a short sale.
Living through financial difficulties poses a challenge for any person or family, so why make the process of finding a qualified real estate professional difficult too? Select an agent with the CDPE Designation to ensure you have a trained professional to address your specific needs. For more information, contact a CDPE in your area.
