Our Short Sale Services

Reid Real Estate Group offers intimate knowledge of our local Connecticut market, and as the states leading short sale team since 2010, we have the results and experience to get your Connecticut short sale to closing smoothly! With staff dedicated solely to working with lenders on behalf of our clients as well as top notch local attorney support we take you seamlessly from listing your property to closing the sale.

Short sales involve much more than the average sale.

If you have decided a short sale is for you, it is absolutely critical to your success to have the right agent working on your behalf. You will need an agent experienced specifically in Connecticut short sales to make sure your sale gets approved and gets to closing smoothly. At Reid Real Estate Group, Connecticut short sales are our specific area of expertise. In addition to our home selling plan, the following are the short sale services we provide:.  

Our Connecticut Short Sale Services

Short Sale Package Preparation

  • Assistance with document preparation for short sale packages to all lenders
  • Review for accuracy and submittal to proper lender departments
  • Follow up on short sale package receipt and progress

BPO Management

  • Coordinate and schedule lender BPO (Broker Price Opinion) or appraisal
  • Follow up to ensure banks receipt and processing of BPO or appraisal
  • Dispute BPO/appraisal if necessary

Short Sale Negotiations

  • Negotiation assistance for best possible terms of debt settlement on homeowners behalf
  • Arrange lien releases to ensure clean title for sale
  • Regular communication with lender loss mitigator until resolution is reached
  • Regular updates to homeowner regarding process

Pre-close Preparation

  • Document review
  • Vendor coordination to ensure smooth transaction

Closing

  • Review closing documents
  • Resolve last minute items
  • Complete transaction

Post Closing

  • Coordinate move
  • Assist with post closing issues
ct short sale services
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I came across Minna from a google search for someone in the area that could handle short sales. I was in desperate need to sell this house and had no idea how to do it or what would be needed. To make matters worse I live 1400+ miles away. All I can say is that Minna and Jaime led me through each step of the process making sure this sale would happen. The house sold within 3 months! I could not recommend Reid Real Estate Group them enough for everything they did! Most of the process was done via email as phone calls were hard to coordinate with my schedule. This proved no problem as Jamie kept up with me the entire time!

Areas where we provide Connecticut short sale services:

Fairfield County

Bethel, Bridgeport, Brookfield, Danbury, Darien, Easton, Fairfield, Greenwich, Monroe, New Canaan, New Fairfield, Newtown, Norwalk, Shelton, Sherman, Stamford, Stratford, Redding, Ridgefield, Trumbull, Weston, Westport, Wilton

New Haven County

Ansonia, Beacon Falls, Bethany, Branford, Cheshire, Derby, East Haven, Guilford, Hamden, Madison, Meriden, Middlebury, Milford, Naugatuck, New Haven, North Branford, North Haven, Orange, Oxford, Prospect, Seymour, Southbury, Wallingford, Waterbury, West Haven, Wolcott, Woodbridge

Other areas considered on a case by case basis:

Hartford County

Avon, Berlin, Bloomfield, Bristol, Burlington, Canton, East Granby, East Hartford, East Windsor, Enfield, Farmington, Glastonbury, Granby, Hartford, Hartland, Manchester, Marlborough, New Britain, Newington, Plainville, Rocky Hill, Simsbury, South Windsor, Southington, Suffield, West Hartford, Wethersfield, Windsor, Windsor Locks

Middlesex County

Chester, Clinton, Cromwell, Deep River, Durham, East Haddam, East Hampton, Essex, Haddam, Killingworth, Middlefield, Middletown, Old Saybrook, Portland, Westbrook

Tolland County, CT

Andover, Bolton, Columbia, Coventry, Ellington, Hebron, Mansfield, Somers, Stafford, Tolland, Union, Vernon, Willington

Windham County, CT

Ashford, Brooklyn, Canterbury, Chaplin, Eastford, Hampton, Killingly, Plainfield, Pomfret, Putnam, Scotland, Sterling, Thompson, Windham, Woodstock

Litchfield County

Barkhamsted, Bethlehem, Bridgewater, Canaan, Colebrook, Cornwall, Goshen, Harwinton, Kent, Litchfield, Morris, New Hartford, New Milford, Norfolk, North Canaan, Plymouth, Roxbury, Salisbury, Sharon, Thomaston, Torrington, Warren, Washington, Watertown, Winchester, Woodbury

New London County

Bozrah, Colchester, East Lyme, Franklin, Griswold, Groton, Lebanon, Ledyard, Lisbon, Lyme, Montville, North Stonington, Old Lyme, Preston, Salem, Sprague, Stonington, Voluntown, Waterford

Short Sale Lenders/Servicers/Investors/Programs we have experience with: Bank of America, Bayview, Countrywide, Chase, Wells Fargo, AHMSI, ASC, M&T Bank, McCue Mortgage, HomEq, IndyMac, One West Bank, Guaranty Bank, Greentree, AIM, PennyMac, Aurora, Citimortgage, Vericrest, GMAC, MorEquity, Sovereign, Savings Institute, OCWEN, Bank United, Litton Loan Servicing, HFC, HSBC, SPS, SLS, Dime Savings Bank, PHH Mortgage Services, CHIF, Provident, Fifth Third Bank, Seterus, IBM LBPS (Lender Business Process Services), Liberty Bank, Nationstar, Bayview Loan Servicing, Webster Bank, Merrimack, Cenlar, Freedom Mortgage, LoanCare, Windsor Federal, TD Bank, Ditech, HomeBridge, Guild, Planet Home Lending, Carrington and more...and all major investors including Fannie Mae, Freddie Mac, FHA, VA, CHFA, Private Labels/Investors, Government HAFA Program.