If you're a homeowner looking for a Short Sale Real Estate Agent click here, we can help like no one else.
Attention Buyers & Investors: Metrolina Estates is a state-wide leader for active (and sold) Short Sale listings. With 14 years experience in short sale negotiations, very few organizations or agents even come close.
We list dozens of new short sale (pre-foreclosure) deals at this site EVERY MONTH. We also have special access to foreclosures, REO's, and all types of bank-owned property. These sometimes sell for 50% of market value before they ever reach the MLS. We distribute this information free, as a courtesy to you without spam or sales pressure. This database is updated daily and is perhaps the most comprehensive list of value priced homes anywhere. Stay informed on market trends or prepare to make a purchase, search on your own, or set up automatic alerts; it's your choice!
Metrolina Estates lists Short Sale homes in North Carolina and throughout the country but we have more Short Sales in Charlotte, NC than anyone else. If you're looking for a good deal, then you're at one of the best web pages on the entire Internet. After all, no agent in Charlotte, NC even comes close to having as many Short Sale Homes for sale as we do and no one can help you find exactly what you're looking for better than our trained experts.
...can be found here first! We've focused a lot of our advertising toward efforts to help out distressed homeowners and we've got one of the larget inventories of short sale listings in Charlotte NC. We provide Charlotte region homeowners a way to liquidate their home and avoid foreclosure, while offering you the opportunity to earn a profit while revitalizing a neighborhood.
A pre-foreclosure (or short sale) is simply a property which has a mortgage that is nearing foreclosure. The owner has not been able to make the payments to the lender and so that financial institution has taken steps toward recovering the loss by foreclosing on the property. We work with the Charlotte homeowner and the lender to stop the foreclosure, then with you to purchase the home at an amount usually less than the home’s previous purchase price. You can typically buy these pre-foreclosures in Charlotte NC at or below the market value of typical foreclosures but in substantially better condition.
Put simply, it's the auction. Some distressed homeowners do nothing and their home is auctioned on the courthouse steps after foreclosure. In most courthouse auctions, the mortgage is too high for an investor to be interested so it’s essentially bought back by the bank who foreclosed in the first place. This represents a typical foreclosure home. The sellers are then forced out of their home by eviction so they don’t usually go quietly and they’re not to careful as they move out their furniture. The bank has to spend thousands on obtaining and selling the foreclosure listings in Charlotte (or elsewhere) so they try to sell for as much as the market will bear. In contrast, a pre-foreclosure or Short Sale listing happens before the auction, before the foreclosure, and most importantly, at the seller’s request. Because the seller plays an integral role in the sale of their home, they continue to maintain the property up until the last minute. Of course, this means that the buyer doesn’t usually have to do as many repairs as they would with a traditional foreclosure. A pre-foreclosure short sale is cheaper for the bank, too. Because they save on foreclosure fees, short sell listings can sometimes be purchased for 10-15% less than a comparable foreclosure.
Do you have a home to sell, but a mortgage that's too high? Give us a call, we can help you cut the mortgage down to size and short sell your Charlotte home within weeks. Call us today!
IMPORTANT NOTICE (Required by Government): Metrolina Estates is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.
Copyright 2011 Metrolina Estates®