Bank of America short sales in CT - Reid Real Estate Group

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Reid Real Estate Group assists homeowners with Bank of America mortgages short sell their homes in Connecticut . Read up on Bank of America short sales in CT and some of our recent short sale success stories. If you need assistance with a short sale in the area contact Minna Reid today for personalized advice!

October 9, 2018

Bridgeport, CT homeowner walks away from over $100,000 of negative equity in this Citibank – Bank of America short sale success!

During the height of the market, many purchased multi-family properties meant to serve as an investment in their future. Unfortunately, with home prices at their peak, these “investments” often proved to be the opposite…10 years after purchasing a Bridgeport, CT multi-family home, this seller found himself with a property worth less than half of what […]

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September 1, 2017

Naugatuck short sale success with Bank of America and SLS!

HOME SALE CHALLENGE:After an employment change and several unsuccessful attempts at modifying her loan, our Naugatuck homeowner found herself unable to pay her mortgages and with no equity to sell, she realized her only option was to pursue a short sale.REID REAL ESTATE GROUP APPROACH:Our seller had two loans on the property – one with BOA and another with SLS. While […]

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September 1, 2017

Another East Haven homeowner successfully short sells and walks away debt free!

HOME SALE CHALLENGE:After several months on market our East Haven, CT homeowner found herself unable to clear her loan in a traditional sale. With over $30,000 of negative equity she realized her only option was to pursue a short sale.REID REAL ESTATE GROUP APPROACH:Since our sellers loan was FHA we knew the short sale process itself would be quite predictable. […]

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August 31, 2017

Middletown, CT – 15 months to an M&T Bank FHA short sale success!

It’s not every day a short sale takes over a year….but when Bank of America is in charge – anything is possible. When this Middletown couple was referred to me, they had been struggling to keep up with the mortgage and knew it was time to give up and short sell.   We listed the property and 8 months slowly passed […]

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August 31, 2017

A CT Nationstar and Bank of America short sale success

 The rising costs of living and long daily commute left these CT homeowners tired and scraping change to make ends meet until they decided they had enough. Realizing they would likely never pay their way out of the upside down home they decided to cut their losses and short sell their home to move closer […]

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