SHORT SALES

WE HANDLE ALL THE WORK, YOU JUST SAVE YOUR CREDIT!
For a private consultation, fill out our online form or call us 440-487-3448
"HAFA" government assisted short sales are now streamlined. Approvals in under 30 days! Up to $3,000 in relocation assistance, $6,000 in lien release assistance and no foreclosure on your record! Call us for more information on this new way to get our of your home debt! 

     Short Sales are one of the most difficult transactions in real estate. They require the sellers to be completely cooperative with the agent, the buyer to be extremely patient and understanding and the banks to allow the short sale to go through! Although these are difficult transactions we have been highly trained the the art of short sale negotiations and the process that is required to be followed. We have a success rate of 95%. This means that 95% of the short sales that we initiate go through and are sold. The remaining 5% we because either the bank did not end up cooperating at the end or the seller decided not to pursue the sale. 
     Below we will list some of the key points you must remember when selling a short sale as well as purchasing a short sale. Keep in mind, there is a good chance we will be able to keep the bank from pursuing additional judgments from you after a short sale is finalized and also you may be able to purchase a FHA property immediately after finalizing a short sale assuming certain requirements are followed. 
    We work with a team of negotiators and attorney's on retainer to make sure your short sale is handled from start to finish, not only efficiently but also professionally. Remember, as a buyer or a seller, you NEVER PAY A DIME for our services!!!
For a PDF file of our info, please click here.
     
    Key Points to Remember

--Listing a Short Sale Property
  • THERE IS ZERO MONEY OUT OF YOUR POCKET FOR SHORT SELLING A HOME!
  • The process can take 2- 6 months from when you receive an offer on your home.
  • You must provide financial documents in a quick and timely manner
  • You will take a hit on your credit, but it will be much better than a foreclosure.
  • In certain situations, you can finalize a short sale and also purchase another property right away with a FHA mortgage.
  • You don't need to be behind on your mortgage to do a short sale.
  • If it is your primary residence, the banks typically will not come after you for any deficient amount in your mortgage.
  • Short sales are more difficult but not impossible with second or third loans and if you have tax liens (IRS or property) on the home.
  • Most important, this is a difficult time, but we are able to help you through the process from start to finish.

--Buying a Short Sale Property
  • This process can take 2 - 6 months from the time you put in an offer. 
  • You need to have financing in place before you submit an offer.
  • You can get an amazing deal on a property.
  • You must be flexible with closing terms and timeframe on your purchase.
  • A good down payment always helps the banks approve a short sale.

Interested in more information? Please fill out our online form and we will get back to you right away.


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What our clients are saying  

Working with Mark was a great experience! I was a first time home buyer and he helped make the process easy for me. He showed me as many homes as I needed until I found the right one, answering all of my questions throughout the process. He was not only very knowledgeable but also very personable! I would highly recommend Mark and his team to anyone!

 

~ Emma Ross

Mark did a great job of selling my home! My home needed some additional work but he was able to market it appropriately. We needed a quick sale and Mark was able to deliver! He really made the process as painless as possible.

 

~ Bob Hayward

Our experience was great, the team was quick to respond to questions and was always available when you need them throughout the entire buying and selling process. They are honest which is huge when you are making an investment in a home.

 

~ Anonymous

We had a terrific experience with Mark and Mark in selling our home in Chesterland (they were also our agents five years earlier in buying our house). They were honest, professional, and very knowledgeable about the local market and our entire process. They gave good advice to us about what projects needed to be done in order to sell our home and followed up with great recommendations of professionals we might use

 

~ Brendan and Heathey Daly

Mark and Mark were extremely accomodating to my busy schedule, and worked on very short notice for me. They never complained and always worked around my schedule, not theirs. I truly appreciate all the hard work and dedication they have to finding exactly what their clients' want and going to bat for them. Both Mark's were knowledgeable, professional, and straight shooters, that went beyond the call. I would recommend them to anyone.

 

~ Rick Mahon -- Cleveland Clinic

Mark & Mark made buying my home a breeze. Their professionalism, knowledge and friendliness were much appreciated and exactly what I needed. I have and will continue to recommend them.

 

~ Russell Bloom

I would highly recommend Mark to anyone looking to purchase a home. He was very professional, helpful, and friendly. I was a first time home buyer and he made the overwhelming process of purchasing my first home stress free. He was very informative and was patient with me and my concerns. Mark is a excellent real estate agent! I'm very happy with his service to me and the house I purchased!

 

~ Andrea

My wife and I used Mark & Mark to buy and sell our homes. Both Mark's were knowledgable, professional, kind, and were very easy and accomidating to work with. Both were straight forward and had a high degree of integrity. I would highly recommend Mark & Mark to anyone who is looking for a team of professionals that go above and beyond the call of duty to meet and exceed their customers expectations.

 

~ The Walkers

Mark was very helpful and actually listened to what I wanted and was looking for. I am very thankful that I was able to work with him and he helped me find the perfect home for me and my family.

 

~ Carla LoPresti

"The Mark's Of Excellence Team is the exclusive representatives of Physician Loan Services to The Cleveland Clinic. Their professionalism and efforts have not gone unnoticed."

 

~ Physicians Loan Services

“The Baughman/Schecter team is simply amazing. They were very professional and easy to work with in assisting with the short-sales of my estate properties. I felt very comfortable leaving all the details to them.”

 

~ Amy Papesh, Elk & Elk

“Mark Baughman recently represented us in the purchase of our new home. We enjoyed working with Mark. He handled our real estate transaction with a high degree of professionalism and attention to detail. He was prompt, thorough and courteous with all communications. Mark and his team completed our transaction within 21 days from our initial offer to exchanging the keys - which was 10 days faster than expected. We would recommend Mark and his team to handle your next real estate transaction.”

 

~ Dave & Lisa Egensperger

Our home was sold within 30 days of when it hit the market. The previous agent had it for 6 months. Near asking, always answered his phone, wouldn’t ever use another agent!

 

~ James Malone

“Mark got us a home when nobody else could. He is a true miracle worker.”

 

~ Mr Wetternacht

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