Reid Real Estate Group assists homeowners with Citibank mortgages short sell their homes in the Connecticut . Read up on Citibank/Citimortgage 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!
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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HOME SALE CHALLENGE:After realizing he would never be able to sell his home for enough to clear the mortgage, this Hamden, CT homeowner quickly came to the conclusion that a short sale on his home was likely his only option to cut his losses and move on.REID REAL ESTATE GROUP APPROACH:With an ASC first mortgage and […]
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HOME SALE CHALLENGE:Our Wallingford homeowner was ready to move on from his home but found himself owing more than the home was worth, with no way to pay the difference. He soon realized his best option to get out of the over-leveraged home was to pursue a short sale.REID REAL ESTATE GROUP APPROACH:Citibank is not currently one of my favorite […]
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Another East Haven Citibank short sale approved and closed!HOME SALE CHALLENGE:After moving out of his small East Haven condo to pursue a life that fit his new life with a larger family, my client rented out his condo to try to make ends meet as he was upside down in his loan and could not sell. Renting proved to […]
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The average short sale takes about 3-5 months…but there are always exceptions. Sometimes things get complicated or lenders get slow and once in a while it takes a year to reach the end of a short sale. This was one such case. Just after the turn of the new year, after many unsuccessful efforts at trying to […]
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A Wells Fargo/CitiMortgage Short Sale Success! After a year of frustrating failed attempts to get his loan modified, this Connecticut homeowner decided to throw in the towel, cut his losses and short sell his upside down CT home. Surprisingly, it took 5 whole weeks to find a buyer for the lovely waterfront home. Despite painstaking efforts […]
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