JUST SOLD by Best Option Real Estate with EXIT Realty Partners! This gorgeous young colonial located at 184 Tripp Hollow Road Brooklyn CT SOLD for $282,000! Congratulations to our buyers!
Sale Price: $282,000
Living Area: 2480 SQFT
If you are thinking about buying or selling real estate, we’d love to work with you! Let Best Option Real Estate show you what we do to get homes sold fast and to negotiate the best price on your next home purchase.
If you are looking to buy or sell a home in Brooklyn, click the link to get started or give us a call. We are happy to help.
This was one of many sales made by Best Option Real Estate Team!
What’s a Short Sale? I get this question all of the time and with several recent listings of short sales, I figured I’d share a blog post with you all about what it actually means.
A short sale should really be called a “long sale” since there’s not much short about them. The only shortage is the difference between what the seller currently owes and the property value today. The seller has come across some kind of financial hardship such as a divorce, loss of job or maybe a job transfer and they need to sell. Because the real estate market declined over the past several years, homes are not worth what they once were so sellers are having a hard time breaking even. A short sale allows a seller to still sell and be forgiven the difference of what is owed if the short sale lender will agree.
Short sales can take an average of 3-6 months to get a yes or a no on an offer. Most good short sale agents will require you to do all inspections prior to the short sale lender approving your offer. This is because we don’t want you tying the property up for 3-6 months only to find out that something in the inspection is a deal breaker and you walk away after months of hard work getting an approval. Sellers are usually not in a position to do repairs needed after an inspection, so they’re considered “as is” sales in most cases.
They can be worth the wait by saving you thousands in price. Just make sure you work with someone that has expertise in short sales.
If you, or someone you know is looking to purchase or do a short sale, don’t hesitate to contact me. I have been doing them for years and work with a great team of experts to assist you and make it go as smoothly as possible.