SLS short sales in CT - Reid Real Estate Group

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Reid Real Estate Group assists homeowners with SLS mortgages short sell their homes in Connecticut . Read up on Specialized Loan Servicing 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!

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

Jumbo mortgage short sale success with SLS and PNC!

jumbo loan short sales

HOME SALE CHALLENGE:After a business loss and years of unsuccessful attempts at modifying their loan, our Essex, CT homeowners realized their only remaining option was a short sale.REID REAL ESTATE GROUP APPROACH:SLS (Specialized loan Servicing) held the first mortgage on the property (a jumbo loan) and there was a large second mortgage with PNC, along with a lien from a creditor, […]

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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

An easy, breezy Middletown, CT short sale success with SLS!

sold sign on home

HOME SALE CHALLENGE:After many years of trying to work out a loan modification with their lender unsuccessfully, this Middletown, CT couple decided the only way to move on from their home and avoid foreclosure  was with a short sale on his SLS (Specialized Loan Servicing) Mortgage.REID REAL ESTATE GROUP APPROACH:Having worked with many of the smaller lenders including SLS, we anticipated a fairly smooth transaction as […]

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August 31, 2017

20 excruciating months to an SPS & SLS short sale success

 SPS – (Select Portfolio Servicing) had it together once. I’m not sure what’s gone on over there but their short sale department has only gone downhill. After many years of struggling to get a loan modification approved without success, my client had finally had enough and decided to leave and start a new life several […]

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