A few bumps in the road still lead to a Hamden short sale success! - Reid Real Estate Group
September 1, 2017

A few bumps in the road still lead to a Hamden short sale success!

SLS has proved to be a pretty quick and straightforward lender to work short sales with lately.

When this Hamden, CT homeowner showed up desperately seeking a solution just a few weeks prior to her foreclosure law date, I felt pretty confident we could still work things out.

With no time to lose, we went right to market and in just days secured a buyer. SLS proved a breeze to work with and we were on our way! Unfortunately, the buyer rescinded just weeks prior to an anticipated close date…leaving us to start all over.

Fortunately, it only took a few more days to secure a new buyer and we got the ball rolling again. Sadly, the second buyer lost their loan shortly thereafter….

Back on market for the third time, we once again secured a buyer….and the third time was the charm! SLS followed with a short sale approval in a few weeks, and we closed shortly thereafter, just narrowly avoiding a foreclosure!

Last Updated on September 13, 2017 by Minna Reid

Minna Reid

Minna Reid is The Broker - Owner of Reid Real Estate Group. Reid Real Estate Group is a full-service Connecticut residential real estate brokerage, specializing in helping homeowners with legal and financial challenges including short sales, probate sales and tax lien complications.

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