Sell My House Fast

Ok-got $ 126 million, the house should be assessed for $ 135M-$ 140M. I plan to do a real estate agent and try to sell as usual. I live in St. Louis, MO. And I want to move to PA in the summer for my son to start school in August-September If the house is not selling in mid-July, is not there a way I can contact the mortgage company and get them to buy for the amount I owe? I'm afraid of houses "buy soon" place will not offer me the price I have to pay the mortgage. The house is in great shape, no mess, and I think it will sell quickly, but who knows this market? I heard about a short sale, but it seems that happens when you're behind in your mortgage and offer mortgage co less than what you need, and it seems that this may affect credit. Sure-I'd love to make money on this house, but when it comes down to it, if it does not sell, I'm ready to get out without owing anything. Thank you in advance for your help!

The price your home slightly below market now instead of one or two months from now is the best way to get the home sold. Other homes for sale in your neighborhood are selling for more because sellers do not have time constraints as you do (if prices are likely higher than they are worth). At below market prices will allow you to meet your priorities to sell the house quickly, and can allow you to pocket a few dollars for the big move. Your lender does not want the house, but if it comes to you not being able to sell, you can give them a "deed in lieu" of foreclosure, but it would still be a black mark on your credit.

As another answerer suggested that your real estate agent market in creative ways is not a bad idea, but I do not think that is good in this case because in order to provide seller paid closing costs you would have an initial price your home higher. Moreover now a days most Realtors advise (or buyers already know) that the buyer may include closing fees of the offer anyway.

Amandah obviously has not spent time in the business world to realize that "m" is often for miles, referring to the quantities of goods, and your abbreviation is quite understandable.

Check out this site: www.drawmyplace.com - they do pen drawings of your home - I had a beautiful drawing of mine was then announced with the drawing ... sold within a week at a higher price and with loads and loads of interest! Flag

Short-sales are to avoid foreclosure and are for the houses with their arrears i mortgage company.

a mortgage company DOES NOT buying houses just for the sake of it ... is a last resort to recover the money. Your co mortgage will not buy your house.

and by the way, adding an "M" for your dollar means U.S. dollars, and I doubt your house is worth $ 135 million. :-). "K" means thousand.

You just have to list for as little as you can go to attract the most interest.

Usually a bank will not "buy" a property it has the funding. Selling the house is your responsibility, not the banks. I wrote loans for 7 years now, and I've never heard of. Some realtors will buy property they know they can make money, but there is not much in the way of fairness. Short sales are for people who are behind in their payments, and pending a seizure, and the Bank shall approve a smaller payment on short selling anyway. Either sell it or rent until you can sell it. Good luck!

It is too early to panic. Hire a good real estate agent, get your house ready market and put it on the mark.