hamden Archives - Reid Real Estate Group

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June 18, 2018

Find out how this Hamden couple walked away from over $80,000 of negative equity in this Ocwen short sale success!

short sale approval stamp

It can be nerve-wracking to fall behind on mortgage payments, especially when you know your mortgage debt exceeds what the home could sell for. Foreclosure seems inevitable!  Although there are several ways to avoid CT foreclosure, the whole process can seem overwhelming and scary. Find out how this Hamden, CT couple avoided foreclosure and walked away […]

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Hamden: Looming CT winter season brings lower listing prices and longer marketing times

hamden market report

Hamden, CT: As the slowest real estate season of the year approaches, listing prices start to drop and home marketing times skyrocket: Hamden, CT: As the slowest real estate season of the year approaches, listing prices start to drop and home marketing times skyrocket: In a recurring yearly cycle, Hamden real estate sales peak in […]

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September 1, 2017

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

fannie mae short sale

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 […]

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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

Hamden, Connecticut VA Compromise Sale with Chase Bank and Ditech

va compromise sale

Hamden, Connecticut VA Compromise Sale with Chase Bank: Once in a while I am surprised when  a lender just has it together and a short sale approval comes easy…unfortunately rarely is that the case with Chase…HOME SALE CHALLENGE:After many months on market trying to sell his home as a traditional sale, this Hamden, CT homeowner realized there would […]

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September 1, 2017

A Hamden short sale success with Ocwen and Seterus

Some things just don’t come easy…..including this short sale approval… HOME SALE CHALLENGE: Our unbelievably sweet and charming retiring Hamden, CT homeowner found herself in a position to have to move to senior housing, but upside down in her home. After attempts to sell at fair market proved unsuccessful, she realized her best option was […]

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