September 28, 2026

What happens to my second mortgage in a Connecticut short sale?

Can I still do a short sale on my Connecticut home if I have a second mortgage or HELOC?Many of our Connecticut short sellers have multiple lien holders – most commonly in the form of a second mortgage or HELOC (home equity line of credit). In order to be able to sell the house, all the

May 18, 2026

Short Sales

Can I get cash back from my short sale?

Seller relocation assistance in short salesAs a condition of any short sale approval, the lender will usually require the seller have no proceeds from the sale. However, many lenders/investors offer relocation assistance incentives to qualifying homeowners in a short sale. These usually apply when the sellers are owner occupants (not investors), and if there are

May 18, 2026

Short Sales

Confused about the CT short sale process? This quick guide will clear things up!

Short sales are a possible solution for when you owe more on your mortgage than your Connecticut home is worth and need to sell anyway. Get the scoop on the CT short sale process!All short sales vary a little bit by lender, investor and the seller’s situation, but the CT short sale process generally follows the

May 9, 2026

Foreclosure

FHA and VA foreclosures soar!

FHA and VA mortgage defaults soar in 2026!Endless FHA and VA loan workout program offerings during and post Covid kept the foreclosures at bay for the last 6 years, but eventually the bills come due! As Covid era mortgage rescue programs have finally sunset and policy changes have come into effect, common sense has returned

February 16, 2026

Uncategorized

Another ecstatic seller!

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about the author

Minna Reid is the Broker-Owner of Reid Real Estate Group, serving CT & FL, specializing in foreclosure prevention and short sales.

CONTACT ME

Call or Text: 860.416.1255

testimonials

         Posted on Google  
   
   Johnny 
 
 
 
 Trustindex verifies that the original source of the review is Google.  Great Realtor to work with A+++ Service, Communication and wonderful to work with very knowledgeable highly recommended if you need a Realtor.
  
 
 
      Posted on Google  
   
   Weverton Schuab 
 
 
 
 Trustindex verifies that the original source of the review is Google.  It was a pleasure working with Minna and her team. From the beginning to end, she was there to guide me in the right direction. She does what is best for her clients and will go above and beyond to make sure the whole process is as smooth and it can be. I can't thank her enough for all her help and guidance during the sale of my property.
  
 
 
      Posted on Google  
   
   Lin Belliveau Music LLC 
 
 
 
 Trustindex verifies that the original source of the review is Google.  I am so happy with Minna Reid and all the staff at Reid Real Estate Group. I had a difficult issue with having to short sell my house. I had no clue what to do or what needed to be done.
Minna took care of all that needed to be done. When she said she would take of something, it was done. Minna helped me every step of the way with patience and kindness. I recommend Real Estate Group to anyone that real estate needs.
  
 
 
      Posted on Google  
   
   Katie Stevenson 
 
 
 
 Trustindex verifies that the original source of the review is Google.  Minna was such a wonderful asset to have on my side while selling my home!   She worked very hard on my behalf during a difficult transaction and got me everything I needed and wanted.   Minna is patient, kind and VERY good at her job!    A true pro!
  
 
 
      Posted on Google  
   
   Kelly Turnage 
 
 
 
 Trustindex verifies that the original source of the review is Google.  Minna Reid was just who I needed to help me sell my home. She is highly experienced and knows exactly what must be done in order to sell a home facing foreclosure. Minna is diligent and knowledgable when dealing with the bank which are skills that not every realtor has. My only regret is that I did not find her sooner!
  
 
 
      Posted on Google  
   
   Dan Ling 
 
 
 
 Trustindex verifies that the original source of the review is Google.  Minna has been a fantastic partner in selling our home. She was patient with us in explaining the differences between a short sale and conventional sale and helped us think through the pros and cons of each. During the process of the sale she was strategic and got us the best price for our sale. The process was painless and quick and every step of the way she managed each and every detail flawlessly.
  
 
 
      Posted on Google  
   
   Sarah Woodbury 
 
 
 
 Trustindex verifies that the original source of the review is Google.  I reached out to Minna when we were first considering a short sale. I didn’t know much about the process or how it worked so naturally I had a ton of questions. She answered all of my questions as well as explained the process in detail so I would know exactly what to expect. Several months later, we kicked off the sale. I had heard so many horror stories about what can go wrong in a short sale so I was very uneasy. With Minna’s expertise the process was so much smoother than I could have ever anticipated! It was just over three months from the time we listed to closing (which is fast for a short sale)!  Minna’s responsiveness and dedication along the way was a huge asset!! It’s because of her that our family is able to put the past behind us and move on to bigger and better things! I highly recommend her!
  
 
 
      Posted on Google  
   
   Sarah 
 
 
 
 Trustindex verifies that the original source of the review is Google.  We highly recommend Minna Reid Real Estate Group.  Minna was a pleasure to work with, professional, and quick to answer and respond to our questions. Minna was knowledgeable regarding our difficult sale and she made the process incredibly easy for us.Thank you Minna!
  
 
 
  
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Reid Real Estate Group's Blog

What happens to my second mortgage in a Connecticut short sale?

Can I get cash back from my short sale?

Confused about the CT short sale process? This quick guide will clear things up!

FHA and VA foreclosures soar!

Another ecstatic seller!