Principal Realty Group Utah is there for sellers needing to execute a short sale Sandy, Utah

Is it time to short sell your home?

Don't know what a short sale is? A short sale occurs when the value of a home is less than the amount of the outstanding loans. This situation is often the result of values in an area rapidly deflating.

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

How do I proceed with a short sale?

First, assess the true market value of your house. Since paying for a licensed appraiser may not work with your already tight budget, an experienced local real estate professional that knows the current conditions of the Sandy real estate market is the best way to get a reliable idea of what your home could sell for.


	If you have questions pertaining to real estate or what happens during a short sale in Sandy, Utah simply contact me here or e-mail me.

Next, don't forget about your closing costs. The experienced real estate agents at Principal Realty Group Utah will account for fees such as title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at closing.

Finally, get in touch with your lender and notify them of the situation. They may even have a special team that handles short sales. Ask about their particular steps. Some lenders will be more inclined to work with you than others. They may be able to decrease your loan principal or make other arrangements. Your lender will have to give approval for the final sale.