Houston TX Short Sale Agent

Interested in Houston, TX short sale listings? Seen a home you like on the market that might be a short sale? Not sure what investing in a short sale entails? A Houston, TX short sale agent from The Waller Group is here to answer whatever short sale questions you have.

As its name implies, a short sale is the sale of a property for less than what is currently owed on it. If a homeowner, for example, owes $300,000 on their house, but their lender agrees to accept an offer for it for $275,000 and releases them from their mortgage, then that is a short sale. There are many reasons why a lender would consider a short sale. Ask any experienced Houston, TX short sale agent—they'll probably tell you that lenders agree to short sales because the value of the property has fallen significantly, the homeowner can prove that they can no longer afford to pay for their mortgage due to major life changes, foreclosing on the property will cost the lenders more in the long run, and so on.

Why Work With a Houston TX Short Sale Agent

In a successful short sale, everyone goes home satisfied, if not happy. The seller gets to relieve themselves of a burdensome mortgage, the buyer gets the home they want for a discounted price, and the lender gets to recoup as much as they can of the original purchase price. To make sure that all this goes down as smoothly as possible—and it can get pretty hairy—you don't just want to work with any old Houston, Texas real estate agent, you'll want to work with a seasoned Houston, TX short sale agent, one who understands the market and can provide you the advice and guidance that you need.

The professionals of The Waller Group specialize in distressed properties like short sales and foreclosures and the firm has built strong relationships with major lenders like the Bank of America, Wells Fargo, and Chase. If you're looking for a Houston, TX short sale agent you can rely on, give them a call today.