Salina, Bennington and Lindsborg real estate and homes for sale in Kansas - Ashton Home Team, REALTORS® Ashton Home Team REALTORS(r) for Salina, Bennington and Lindsborg, Kansas real estate - NUMBER1EXPERTS™ Ashton Home Team NUMBER1EXPERTS(tm) for Salina, Bennington and Lindsborg, Kansas real estate
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Ashton Home Team, REALTOR®, real estate agents and broker for Salina, Bennington and Lindsborg Kansas home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Short Sales >2. How to Request a Short Sale

If you are facing foreclosure and are considering selling your home as a short sale as an out, get in touch with a trusted real estate professional immediately. They will be able to assist you in the process of requesting to short sell your home.

  1. Your real estate agent will most likely tell you that some banks will not allow a short sale to happen. Contact your lender’s loss mitigation department and speak with a supervisor. Explain your financial situation and ask if you qualify to sell your home as a short sale.
  2. Ask the supervisor what documents you’ll need to proceed and make copies of those. (Depending on the lender this could be anything from bank statements, tax forms, pay stubs, etc.)
  3. Ask your real estate agent to come up with a comparative market analysis report to show your lender how much the home is worth based on home sales in the area.
  4. Write a letter of financial hardship detailing the reasons you are no longer able to make payments on your home.
  5. When you’ve completed all the aforementioned necessary paperwork, compile it together and mail it to your lender’s loss mitigation department.
  6. Pending your short sale application approval, request a deficiency release from the bank. The release absolves you of any obligation to pay the balance on the mortgage. If the bank refuses, continue to press the issue.

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Real Estate Trivia
Q 
What is the busiest airport in the world?

A 
According to the Airports Council International, the Hartsfield International Airport in Atlanta, Georgia is currently the busiest airport in the world, serving 76.87 million passengers per year.
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Ashton Home Team, REALTOR®, real estate agents and broker for Salina, Bennington and Lindsborg Kansas home listings, property and land for sale - NUMBER1EXPERT(tm)

Ashton Home Team
Millwood Realty

1101 S. Ohio
Salina, KS 67401
Office: 785-826-7986
Cell: 785-826-7986
Fax: 785-825-0637
steveashton@topproducer.com

I am a native of Salina, KS and have been in the Real Estate profession for 20 years. I have my brokers/salesperson license and have consistently been in the top 1% of agents in the areas of listings sold, buyer controlled sales and total units sold for the past 19 years. I hold various designations and degrees: CRS (certified real estate specialist), ABR (accredited buyers representative), GRI (graduate realtor institute) and graduated from Wichita State University with a degree in Business Administration. I am a member of NAR (National Association of Realtors), KAR (Kansas Association of Realtors) and our local Multiple Listing Service. I have served or am currently on the Board of Chamber of Commerce, Big Brothers and Big Sisters, American Cancer Society, American Business Clubs of America and Rotary International. I have been voted winner of the Salina Journal’s Readers Choice Award for Best Realtor 9 years in a row. I have a team of dedicated individuals who will work hard for you to make your real estate experience an enjoyable one. We look forward to meeting you!

CRS ABR GRI MLS REALTOR CRS Equal Housing


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