Selling Reno And Sparks Real Estate Blog

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Why Sell Your Reno Home in 2013

~Why selling your Reno home now is a good idea~

Reno Home For SaleIf you are a Reno homeowner struggling with the decision of selling your home now or waiting for the market to improve, now may be the right time to sell. The real estate market here in Northern Nevada is improving but you may be one of those homeowners who still owes more than what your home is worth.

If you are like many Reno homeowners who is currently underwater on your home, or you owe more thatn what your home is worth, or maybe you have had a recent loss of income, or have tried the loan modification process or perhaps you are simply tired of wasting your money on an asset that will never recover its deficiency, you want to consider short selling your property.

Why a short sale? A short sale may be your last chance to redeem your opportunity to not have a foreclosure. A short sale in 2013 may be your last change to receive complete debt forgiveness from your mortgage servicer.

The Debt Forgiveness Act of 2007 (~ an act that gave struggling homeowners a tax relief from debt owed once a short sale was completed ~ ) that was set to expire on December 31, 2012 was extended until January 2014. 

Reno Short Sales are now less complicated today than they were just a few years ago. Decisions regarding your home mortgage are quicker and many homeowners are being offered assistance for relocation's. These incentives make short selling your Reno home more reasonable than ever.

Another great reason to consider selling today is that we are currently in a sellers market. Houses in Northern Nevada are selling like hotcakes regardless of being a distressed sale or not. Home buyers are lining up to make offers on newly listed homes for sale. Interest rates remain low and lenders are working to help buyers get qualified by assisting with credit repair work.

As a Certified Distressed Property Expert (CDPE),  I am uniquely qualified to guide you through your options and help you find the right one for your situation. IF you are interest in learn more about the short sale process I would love to help. Call me today 775-846-5424 for your free, confidential consultation.

~Why Sell Your Reno Home in 2013~

Your Home. My Priority. Since 2003

Certified Distressed Property Expert (CDPE)
Certified Default Resolution Specialist (CDRS)
Short Sales & Foreclosure Resource ~ Certified (SFR)
NAR's Green Designation ~ Certified Green
Certifed Negotiation Expert (CNE)
Property Manager

Ferrari-Lund Real Estate

 Cell ~ 775.846.5424

Email ~ Terrie@terrieleighton.com

 

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Comment balloon 4 commentsTerrie Leighton • February 10 2013 01:23PM

Comments

Terrie - I hope Reno homeowners fearing a foreclose see your post and call YOU to help them with an excellent alternative of doing short sale! So many people have fallen on hard times and need a caring, knowledgeable, expert Realtor like you to help them out of a bad situation! I'm sure your phone will be ringing! 

Posted by Kristine Ginsberg, NJ Home Stager (Elite Staging and Redesign, LLC) about 5 years ago

Thank you Kristine! I am more than happy to assist home owners who are concerned about loosing their home. It is surprising that many folks really do not realize there are alternatives to foreclosure!

Posted by Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno (Ferrari-Lund Real Estate ) about 5 years ago

With inventories low, this is a great time to sell your home with Terrie Leighton in Reno Nevada!

Posted by Don Sabinske, Sabinske & Associates Inc. (Don Sabinske, Sabinske & Associates Inc.) about 5 years ago

Hi, Terrie...You're right, the short sale process has come a long way. It can still be a wait and there's more room for improvement, but it's a lot better than it was a few years ago.

Posted by Debbie Laity, Your Real Estate Resource for Delta County, CO (Cedaredge Land Company) about 5 years ago

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