Boston Metro North Real Estate

Dealing with Residential Real Estate in the Merrimack Valley. Articles on Home Selling, Home Buying, Foreclosure and short sales.
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  • Dracut MA- Completed Short Sale

    I just successfully completed a successful short sale transaction for 22 Redgate Road in Dracut Massachusetts.  Wells Fargo was the first lien holder as well as the second lien holder. Sold for $325,000 If you are facing foreclosure, call Kevin at 978-360-0422 to discuss your options.  Don't wait, be proactive, you have several ...
    Posted to More about Merrimack Valley Real Estate (Weblog) by 108393 on March 28, 2010
  • What is a Short Sale?

    A "short sale" is a real estate transaction, where the lender or lien holders accept less than the amount owed on the balance due to the bank.  It can be a more favorable alternative to letting the bank foreclose on your property. Example: Seller Bob owes $300,000 on a property that is now only worth $240,000.  Bob ...
    Posted to More about Merrimack Valley Real Estate (Weblog) by 108393 on March 30, 2009