Allen Brothers is there for homeowners needing to do a short sale Houston, Texas

Need to short sell your home?

Not sure what a short sale is? A short sale is when you owe more than what the house will possibly sell for. This may be caused by many causes, but often is a result of a rapidly declining real estate market.

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


How do I proceed with a short sale?

First, determine the true market value of your house. A knowledgeable REALTOR®, like those at Allen Brothers, will be able to give you a realistic idea of what your property will possibly sell for based on a market analysis. Be cautious of websites where a computer estimates your property's market value since they may not have complete information or know important things like neighborhood trends and current listings.

When you're ready to sell your property, Allen Brothers is ready. Take advantage of our experience and knowledge of the local real estate market in Houston to sell your home quickly. Contact us today.

Next, don't forget about your closing costs. The knowledgeable agents at Allen Brothers will account for fees including title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs at the closing table.

Finally, get in touch with your lender and make them aware of your situation. They may even have a special team that deals with short sales. Ask about their particular process. Some lenders will be more inclined to work with you than others. They may be able to reduce the amount owed or make other arrangements. Your lender will have to approve the final sale.

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