This is an END UNIT Townhouse with lots of space. The kitchen has an island, and everything is in working order. The basement is finished with a door to walk out. Property needs a little work, but not too much.  This is a short sale that needs 3rd party approval, so we welcome all reasonable offers.

Property Details

Won’t last long! This is a great investment or young couple starter special, so bring all offers!  This is a Single Family House with great potential.  The house needs a little work, but nothing major, and it’s ready to move in and start enjoying if that’s what you want to do.  The house layout is very good, and has the potential for entertaining or just raising a family.

Property Details

Property Details

Property Photos

Short sales are typically used when the market value of the property is less than the balance of the mortgage.  It means to SELL the property SHORT of the mortgage balance.  We are in a unique time in which you are not required to be late on your mortgage payments to qualify for a short sale, which was the case even just a few years ago.  If your property is over-leveraged, then you are probably eligible for a short sale, even if your only hardship is the value of your home.  This change in the rules is designed to help protect your credit and avoid making a bad situation worse. In today’s market, almost 7.3 million homes are worth less than their mortgages, and the question everyone wants an answer for is how long are they required to to wait for their property value to come back.  With so many possible short sale candidates, what are some of the pitfalls homeowners face?

Like almost any kind of financial situation, it’s important to be well informed and take the counsel of experts, and to know what you are up against.  Banks take tax deductions for losses on the house sales, and that means the gain has to show somewhere, and to someone, in this case, the homeowner.  Also, since the full amount wasn’t paid back, the bank will report the status something similar to ‘PAID FOR LESS’ on the homeowner’s credit report.  The bank might also choose to release the homeowner from the lien on the house, but not the debt, which might have to be paid back at a later date.  They might ask for a promissory note to help the transaction go through and minimize loss.  However, because the short sale is a transaction that benefits all parties involved, including the bank and the homeowner, everything can be negotiated or handled.

Banks know houses are underwater, and they also know that if they had to foreclose on the property, they would eventually have to sell the property at market value, and realize the loss.  When a homeowner offers a short sale, it means the bank can avoid going through a costly foreclosure, holding costs, eviction and maintenance.  Most banks are also looking to the future to protect their bottom line, and approving short sales on properties that are not behind on payments, just over-leveraged, may be the most cost efficient thing for them to do.  The IRS also helps out through the Mortgage Debt Relief Act, allowing homeowners to avoid the tax implications of a short sale for most properties.  And homeowners can look to purchase a new house within 2 years of doing a short sale, and a credit score recovery in as little as 1 year.  Both the homeowner and the banks are trying to figure out how to make short sales easier and more successful.

Eventually the banks or government may come up with an official checklist on how to successfully complete a short sale to help everyone, but for now,  your best bet is to consult an expert.  The first expert every homeowner needs on their side is as an experience short sale real estate agent. If you employ the right Realtor, you will have an advocate and expert advising and guiding you from how to sell your house, all the way to a successful title settlement.  The next expert can be either an agent or an attorney, but it’s someone who can negotiate with the bank to make sure the short sale completes quickly, successfully, and on the best terms for the homeowner.  The last expert is a title company that knows how to close a short sale and is familiar with all the new laws passing on what seems like a monthly basis.   Missing just one expert can lower your chances of success, and the homeowner might find themselves at square one with an over-leveraged house, losing hope quickly.

While reading this article, more questions probably came up.  It’s impossible to provide all the details about all of the new laws on the books, or the steps needed to make a short sale successful.  There are going to be some pains when recovering from almost anything, and this is no different.  The key is to know who to turn to, what to do, and how to do it.  The banks are going to do what they have to in order to survive this housing bubble, and they are doing what they can to encourage the homeowner to do the same, because at the end of the day, we all need to survive for this system to work.

- Shanu Srivastava

If you have Silver Spring real estate, and need or want to sell quickly, you’ll want to place your trust in the capable, qualified hands of a true professional.

And if you’re looking for the right Silver Spring, MD Realtor to help you, you’ve come to the right place!

Hi! My name is Shanu Srivastava, and I’d like to help you sell your house.

In a marketplace overflowing with opportunity, tax benefits and variable values, a Silver Spring Realtor with proven experience, integrity, market awareness and outstanding communication skills are essential.  You need to find a buyer and you want to get the most you can for the house, but you can’t leave that to just anyone.

I make sure to stay on top of the latest technologies and marketing tools.  Real estate marketing has changed dramatically in the past few years. The industry has been impacted by the advent of enhanced MLS services that have made properties obtainable for review on the internet.  A recent survey showed that almost 70% of residential Real estate investors began their search online. In today’s market, the greatest Realtors have a toolbox full of fine-tuned internet strategies, marketing plans and communication programs to make sure they can provide their clients with the best possible service.

Traditional real estate marketing activities, like signs, brochures, flyers, business cards and even open houses, still have their value in today’s marketplace.  Skilled Realtors incorporate these principles with building websites and advertising online to increase exposure and facilitate the purchase and sale process to benefit their clients.

It is imperative to choose a Silver Spring Realtor with outstanding communication skills.  There is no reason for a Realtor to ignore a call or be oblivious to market activity as it happens. The finest Real estate agents understand the importance of being on top of the market at all times and are always accessible.

Possibly the most important deciding factor of all is one I didn’t mention above.  That is your feelings. Trust your gut to tell you if the agent you just met is “for real” and is a person whose company you can enjoy and whose advice you can trust. If you feel uneasy going in, it will only get worse.

In the end, I am here to help you.  It doesn’t matter what your situation is, there is always a solution, even it takes a little time to figure it out.  You need someone with experience and knowledge, and someone you feel is a part of your team.  Call me, 301-806-6549, or email me, shanu.realestate@gmail.com, and let’s see what I can do to help you.

If you have Ellicott City real estate, and need or want to sell quickly, you’ll want to place your trust in the capable, qualified hands of a true professional.

And if you’re looking for the right Ellicott City, MD Realtor to help you, you’ve come to the right place!

Hi! My name is Shanu Srivastava, and I’d like to help you sell your house.

In a marketplace overflowing with opportunity, tax benefits and variable values, a Ellicott City Realtor with proven experience, integrity, market awareness and outstanding communication skills are essential.  You need to find a buyer and you want to get the most you can for the house, but you can’t leave that to just anyone.

I make sure to stay on top of the latest technologies and marketing tools.  Real estate marketing has changed dramatically in the past few years. The industry has been impacted by the advent of enhanced MLS services that have made properties obtainable for review on the internet.  A recent survey showed that almost 70% of residential Real estate investors began their search online. In today’s market, the greatest Realtors have a toolbox full of fine-tuned internet strategies, marketing plans and communication programs to make sure they can provide their clients with the best possible service.

Traditional real estate marketing activities, like signs, brochures, flyers, business cards and even open houses, still have their value in today’s marketplace.  Skilled Realtors incorporate these principles with building websites and advertising online to increase exposure and facilitate the purchase and sale process to benefit their clients.

It is imperative to choose a Ellicott City Realtor with outstanding communication skills.  There is no reason for a Realtor to ignore a call or be oblivious to market activity as it happens. The finest Real estate agents understand the importance of being on top of the market at all times and are always accessible.

Possibly the most important deciding factor of all is one I didn’t mention above.  That is your feelings. Trust your gut to tell you if the agent you just met is “for real” and is a person whose company you can enjoy and whose advice you can trust. If you feel uneasy going in, it will only get worse.

In the end, I am here to help you.  It doesn’t matter what your situation is, there is always a solution, even it takes a little time to figure it out.  You need someone with experience and knowledge, and someone you feel is a part of your team.  Call me, 301-806-6549, or email me, shanu.realestate@gmail.com, and let’s see what I can do to help you.

If you have Fulton real estate, and need or want to sell quickly, you’ll want to place your trust in the capable, qualified hands of a true professional.

And if you’re looking for the right Fulton, MD Realtor to help you, you’ve come to the right place!

Hi! My name is Shanu Srivastava, and I’d like to help you sell your house.

In a marketplace overflowing with opportunity, tax benefits and variable values, a Fulton Realtor with proven experience, integrity, market awareness and outstanding communication skills are essential.  You need to find a buyer and you want to get the most you can for the house, but you can’t leave that to just anyone.

I make sure to stay on top of the latest technologies and marketing tools.  Real estate marketing has changed dramatically in the past few years. The industry has been impacted by the advent of enhanced MLS services that have made properties obtainable for review on the internet.  A recent survey showed that almost 70% of residential Real estate investors began their search online. In today’s market, the greatest Realtors have a toolbox full of fine-tuned internet strategies, marketing plans and communication programs to make sure they can provide their clients with the best possible service.

Traditional real estate marketing activities, like signs, brochures, flyers, business cards and even open houses, still have their value in today’s marketplace.  Skilled Realtors incorporate these principles with building websites and advertising online to increase exposure and facilitate the purchase and sale process to benefit their clients.

It is imperative to choose a Fulton Realtor with outstanding communication skills.  There is no reason for a Realtor to ignore a call or be oblivious to market activity as it happens. The finest Real estate agents understand the importance of being on top of the market at all times and are always accessible.

Possibly the most important deciding factor of all is one I didn’t mention above.  That is your feelings. Trust your gut to tell you if the agent you just met is “for real” and is a person whose company you can enjoy and whose advice you can trust. If you feel uneasy going in, it will only get worse.

In the end, I am here to help you.  It doesn’t matter what your situation is, there is always a solution, even it takes a little time to figure it out.  You need someone with experience and knowledge, and someone you feel is a part of your team.  Call me, 301-806-6549, or email me, shanu.realestate@gmail.com, and let’s see what I can do to help you.

If you have Elkridge real estate, and need or want to sell quickly, you’ll want to place your trust in the capable, qualified hands of a true professional.

And if you’re looking for the right Elkridge, MD Realtor to help you, you’ve come to the right place!

Hi! My name is Shanu Srivastava, and I’d like to help you sell your house.

In a marketplace overflowing with opportunity, tax benefits and variable values, a Elkridge Realtor with proven experience, integrity, market awareness and outstanding communication skills are essential.  You need to find a buyer and you want to get the most you can for the house, but you can’t leave that to just anyone.

I make sure to stay on top of the latest technologies and marketing tools.  Real estate marketing has changed dramatically in the past few years. The industry has been impacted by the advent of enhanced MLS services that have made properties obtainable for review on the internet.  A recent survey showed that almost 70% of residential Real estate investors began their search online. In today’s market, the greatest Realtors have a toolbox full of fine-tuned internet strategies, marketing plans and communication programs to make sure they can provide their clients with the best possible service.

Traditional real estate marketing activities, like signs, brochures, flyers, business cards and even open houses, still have their value in today’s marketplace.  Skilled Realtors incorporate these principles with building websites and advertising online to increase exposure and facilitate the purchase and sale process to benefit their clients.

It is imperative to choose a Elkridge Realtor with outstanding communication skills.  There is no reason for a Realtor to ignore a call or be oblivious to market activity as it happens. The finest Real estate agents understand the importance of being on top of the market at all times and are always accessible.

Possibly the most important deciding factor of all is one I didn’t mention above.  That is your feelings. Trust your gut to tell you if the agent you just met is “for real” and is a person whose company you can enjoy and whose advice you can trust. If you feel uneasy going in, it will only get worse.

In the end, I am here to help you.  It doesn’t matter what your situation is, there is always a solution, even it takes a little time to figure it out.  You need someone with experience and knowledge, and someone you feel is a part of your team.  Call me, 301-806-6549, or email me, shanu.realestate@gmail.com, and let’s see what I can do to help you.

If you have Laurel real estate, and need or want to sell quickly, you’ll want to place your trust in the capable, qualified hands of a true professional.

And if you’re looking for the right Laurel, MD Realtor to help you, you’ve come to the right place!

Hi! My name is Shanu Srivastava, and I’d like to help you sell your house.

In a marketplace overflowing with opportunity, tax benefits and variable values, a Laurel Realtor with proven experience, integrity, market awareness and outstanding communication skills are essential.  You need to find a buyer and you want to get the most you can for the house, but you can’t leave that to just anyone.

I make sure to stay on top of the latest technologies and marketing tools.  Real estate marketing has changed dramatically in the past few years. The industry has been impacted by the advent of enhanced MLS services that have made properties obtainable for review on the internet.  A recent survey showed that almost 70% of residential Real estate investors began their search online. In today’s market, the greatest Realtors have a toolbox full of fine-tuned internet strategies, marketing plans and communication programs to make sure they can provide their clients with the best possible service.

Traditional real estate marketing activities, like signs, brochures, flyers, business cards and even open houses, still have their value in today’s marketplace.  Skilled Realtors incorporate these principles with building websites and advertising online to increase exposure and facilitate the purchase and sale process to benefit their clients.

It is imperative to choose a Laurel Realtor with outstanding communication skills.  There is no reason for a Realtor to ignore a call or be oblivious to market activity as it happens. The finest Real estate agents understand the importance of being on top of the market at all times and are always accessible.

Possibly the most important deciding factor of all is one I didn’t mention above.  That is your feelings. Trust your gut to tell you if the agent you just met is “for real” and is a person whose company you can enjoy and whose advice you can trust. If you feel uneasy going in, it will only get worse.

In the end, I am here to help you.  It doesn’t matter what your situation is, there is always a solution, even it takes a little time to figure it out.  You need someone with experience and knowledge, and someone you feel is a part of your team.  Call me, 301-806-6549, or email me, shanu.realestate@gmail.com, and let’s see what I can do to help you.

If you have Columbia real estate, and need or want to sell quickly, you’ll want to place your trust in the capable, qualified hands of a true professional.

And if you’re looking for the right Columbia, MD Realtor to help you, you’ve come to the right place!

Hi! My name is Shanu Srivastava, and I’d like to help you sell your house.

In a marketplace overflowing with opportunity, tax benefits and variable values, a Columbia Realtor with proven experience, integrity, market awareness and outstanding communication skills are essential.  You need to find a buyer and you want to get the most you can for the house, but you can’t leave that to just anyone.

I make sure to stay on top of the latest technologies and marketing tools.  Real estate marketing has changed dramatically in the past few years. The industry has been impacted by the advent of enhanced MLS services that have made properties obtainable for review on the internet.  A recent survey showed that almost 70% of residential Real estate investors began their search online. In today’s market, the greatest Realtors have a toolbox full of fine-tuned internet strategies, marketing plans and communication programs to make sure they can provide their clients with the best possible service.

Traditional real estate marketing activities, like signs, brochures, flyers, business cards and even open houses, still have their value in today’s marketplace.  Skilled Realtors incorporate these principles with building websites and advertising online to increase exposure and facilitate the purchase and sale process to benefit their clients.

It is imperative to choose a Columbia Realtor with outstanding communication skills.  There is no reason for a Realtor to ignore a call or be oblivious to market activity as it happens. The finest Real estate agents understand the importance of being on top of the market at all times and are always accessible.

Possibly the most important deciding factor of all is one I didn’t mention above.  That is your feelings. Trust your gut to tell you if the agent you just met is “for real” and is a person whose company you can enjoy and whose advice you can trust. If you feel uneasy going in, it will only get worse.

In the end, I am here to help you.  It doesn’t matter what your situation is, there is always a solution, even it takes a little time to figure it out.  You need someone with experience and knowledge, and someone you feel is a part of your team.  Call me, 301-806-6549, or email me, shanu.realestate@gmail.com, and let’s see what I can do to help you.