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Reeds Spring, Branson, Lampe, Hollister & 11 More Stat Averages

Price Range $1 - $9,900,000
Price $244,112
Beds 3
Baths 2
Built Range 91 - 2018
Sqft 1759
Acres 26.4
Days on Market 1

Sell For Less Than Owed

Are you looking for a short sale definition? In the simplest terms, it means selling your property for less than the loan amount owed. When the homeowner and a buyer agree to a price less than the mortgage amount, sometimes a bank will release the property for the lower amount. The reason a lender would take less is because it helps all main parties involved - the seller, the buyer and the lender. If you own Branson real estate or Table Rock Lake real estate and you're considering foreclosure, please think about the possibility of a short sale.

Many people wonder why a lender would take less for property than what is owed? Simply put, foreclosure is expensive. Lenders are in the habit of lending money, not being landlords. Despite some homeowners misconceptions, the bank does not want your home. By doing a short sale you can alleviate the stress and burden of a foreclosure. While it's true that doing a short sale will most often show up as a negative mark on your credit score, it's not nearly as damaging today as a foreclosure. What makes a short sale difficult is often the timing. There is a certain window of opportunity for doing a short sale. That's why it's important to find the right Realtor who has the connections in the banking industry, as well as a knowledge of how short sales are handled.

Short Sale Specialist

I'm Charlie Gerken and I've been helping buyers and sellers with short sales when it comes to Branson real estate and Table Rock Lake real estate. If you're considering buying or selling a short sale home, please contact me for more information. There's no cost and no obligation to confidentially examine your situation. Get started by contacting me today.

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367 Jasmine Drive
Branson, MO 65616
Springwood
Residential

MLS# 60069788 / Active
3 br, 2 ba, 2276 Sqft
Type: Single Family

Nicely done 3Bdrm / 2Ba Home with unfinished Basement, Real 2 Car Garage on Quiet street. Bamboo & Tile Flooring, Carpet, Low Maint. Landscaping. G... 

More Details

$154,900

1107 Rocky Shores Terrace
Kimberling City, MO 65686
Ozark Mntn Condos
Residential

MLS# 60078842 / Active
2 br, 2 ba, 891 Sqft
Type: Condo/townhome

2 Bedroom/2 Bath Condo that has lake frontage and a lake view on Table Rock Lake. Great location on the lake and so many amenities. Pool, BBQ are... 

More Details

$89,000

Broker ReciprocityThe data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Multilist Service of Southern Missouri REALTORS, Inc. Real estate listings held by Brokerage firms other than Gerken & Associates, REALTORS are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is deemed reliable but not guaranteed, and all information should be verified by the consumer. © 2017; Multilist Service of Southern Missouri REALTORS, Inc. All rights reserved. Information last updated on 08-16-2017 3:30pm est.

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