Reid Real Estate Group is Connecticut’s leading short sale team. The Reid Group gets short sales approved and closed! Read up on our many recent short sale success stories. If you need assistance with a short sale in the area contact Minna Reid today for personalized advice!
This Bridgeport, Connecticut seller had bought his waterfront home for $425,000 back in 2007 at the peak of the market. Many years of failed loan modification attempts later, his debt had ballooned to over $850,000! To make matters worse, the property was now also worth less than half of what he paid for it in […]
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Short sales are usually never quick or easy, but once in while one surprises you! Find out how these West Haven homeowners went from upside down and struggling, to mortgage debt-free in just 4 quick months! After years of waiting fruitlessly for their home to appreciate so they could sell, my clients decided it was […]
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After years of failed efforts to keep her home, and with less than 2 weeks away from her foreclosure law day, this Branford, CT homeowner reached out to me for a last minute attempt to avoid the foreclosure with a short sale.Short sales generally take 4-5 months or even longer at times so the clock […]
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Divorce tends to get complicated, and many times jointly owned property can be a headache. Matters get even more difficult when the debts against the home exceed the homes value, and a traditional sale is just not possible.During the divorce the ex wife had moved out and signed a quit claim deed leaving her ownership […]
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HUD Partial claims often lead to trouble, but there is still a way out! Find out how one seller walked away from over $40k of bad mortgage debt in this FHA short sale success with MB Financial Bank!When my seller first called me a few years ago, she had fallen behind on her FHA mortgage […]
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quote-left I cannot honestly find the right words to express the amazing job that Minna, Jaime, and the entire group did for me. Making the decision to go through a short sale process is daunting, to say the least, but Minna and her team somehow found a way to take all of the stress out […]
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Wells Fargo can be a challenging lender to work short sales with, but sometimes you get lucky! See how our South Windsor, CT short seller walked away from over $50,000 of bad mortgage debt in this Wells Fargo FHA short sale!After years of struggles with loan modification attempts, our seller decided it was time for […]
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Like many others, this Naugatuck homeowner was forced to relocate for work and unable to sell his home for what he owed. He decided to rent out the home while he waited for the market to recover, but several years later he was tired of dealing with the headaches of being a landlord, and his […]
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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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Short sales are usually never anything but short….but once in a while you get lucky! See how this CT couple avoided foreclosure and walked away from their upside down mortgage with Chase in just 2 quick months!When my sellers first reached out to me, they had been trying unsuccessfully to work things out with Chase […]
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