Traditional Home Sales: The Tim Sova Team started out handling only traditional property and commercial property sales. However, area real estate transactions from sellers being underwater with their mortgage spiked in 2007. Currently over 50 percent of homes marketed are short sale and foreclosures in our market areas.
Traditional home sellers can still successfully sell their homes. Since around September of 2011, market conditions started improving for those desiring to move while selling their home traditionally. The glut of people attempting to sell their home while market values declined has eased to only 45,000 homes on the market, down from approximately 85,000 homes in 2008. Contact Us today to for a no cost in home consultation about your homes current value. In home appointments last approximately one hour.
Short Sale Transactions: Due to the glut of homeowners being underwater in 2007 and 2008, members of The Tim Sova Team received additional special training in assisting homeowners selling their homes for less than owed to their mortgage lender. View all your southeastern Michigan neighbors selling their home as a short sale on our interactive map search for Short Sale Homes.
Additional information about selling your home in a short sale transaction are available on our Certified Distressed Property website Howell Michigan Short Sales. . The site includes additional information, Frequently Asked Questions about the short sale process, and best of all options to foreclosure.