Reid Real Estate Group assists homeowners with SPS mortgages short sell their homes in Connecticut . Read up on Select Portfolio 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!
Forbearance isn’t always the answer!Many Connecticut homeowners signed up for the Covid 19 forbearances that were widely offered during the shutdowns. But free rides don’t last forever, and eventually it always comes time to pay the piper!As their Covid forbearance came to an end, this CT couple decided to review their options. After several workouts […]
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Sometimes when I tell my clients they can expect a smooth, quick short sale (such statements stem from my prior experiences with their lenders)..I get to eat my words later! This Bridgeport, Connecticut short sale success story would be one of those times!It all started out well enough… My clients situation was a classic no—problem-getting-this-one-approved hardship […]
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Despite usually being quick and predictable for most of the year, SPS religiously slows down its short sale processing to a crawl towards the close of the year. This short sale proved to be no exception.After watching the value of their home plummet to less than half of its market peak value while struggling to […]
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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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A Fairfield, CT short sale success! Several employment changes and the crash of the housing market left these Fairfield, CT homeowners with an unaffordable mortgage and an upside down home. After years of failed attempts to modify their loan or sell their luxury CT home without success, our clients decided it was finally time to cut their losses with a short […]
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The one predictable thing about short sales is that they are always unpredictable…even within the same lender. SPS is no exception. While one short sale with SPS may be a breeze, the next could be a nightmare. Unfortunately this was the latter. After struggling to modify their loan and hold onto their home, this North Branford couple had had enough and […]
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Most short sales are frustrating and difficult, some are an absolute nightmare, and some of them just blow you away with their ease! After a major life change this Shelton homeowner found himself living in a condo that no longer worked for his lifestyle, but stuck in a mortgage that made it impossible to move on. […]
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When these Milford, CT homeowners decided it was time to relocate they found themselves upside down with three outstanding loans on their home. A highly complex and difficult short sale was in order to resolve all three liens so it was time to call in the experts. We listed the home and within a week a bidding war […]
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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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