Citibank short sales in CT - Reid Real Estate Group

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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!

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

Seller walks away from upside down Hamden, CT home with fully forgiven mortgage and $10K in his pocket in this SLS and Citibank short sale!

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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September 1, 2017

A quick and easy Citibank short sale success in Walllingford, CT!

fannie mae short sale

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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August 31, 2017

A Wells Fargo/CitiMortgage Short Sale Success!

PICTURE OF HAPPY COUPLE

 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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