Just Sold In Bowie MD – Another FHA Short Sale In Bowie MD

Just Sold In Bowie MD – Another FHA  Short Sale In Bowie MD

Bowie MD Short Sales:  These properties may take longer to close, but if the price is right, it may be worth the wait. We’ve helped another homeowner with a FHA loan avoid foreclosure in Bowie. MD  A financial hardship  can come at any time, regardless of your loan type or your zip code.  One of the biggest advantages of a short sale is that it provides you with written permission to sell your home for less than what it is worth and gives you the opportunity for a legal ‘financial do-over’.

Our client at  15778 Easthaven Ct, Bowie  was approved for  FHA  short sale, with no deficiency and no promissory note for any of the remaining balance of the loan, which is the best possible outcome.  Not only did  the bank agreed to allow the home to be sold for less than the outstanding mortgage balance, but they are accepting the proceeds from the sale as payment in full and also gave the seller  $3000 relocation incentive at closing.

This Bowie condo was  priced under $100,000 it was an attractive find for a first time home buyer or seasoned investor.  Bowie, MD home values have increased, but there are still some homeowners who are underwater with their mortgage.  If you need help short selling your Bowie condo or home please call Keji Ogunleye with Fairfax Realty @ 301-613-2043.

There are many opportunities available for sellers to avoid foreclosures and  not damage their credit. If you are behind on your mortgage, your house is worth less than you owe , want to downsize but owe more than your mortgage balance give us a call to discuss your options – 301-613-2043