Wilkinson & Associates is there for sellers needing to execute a short sale Wilmington, North Carolina

Are you ready to short sell your home?

Not sure what a short sale is? A short sale is when you owe more than what the house will possibly fetch in the open market. This situation is often the result of home values in an area rapidly deflating.

For many homeowners, a short sale is preferential to foreclosure or bankruptcy when they can negotiate with the lender to forgive the remainder of the loan.

What steps do I take in a short sale?

First, get an idea of the true market value of your property. If your finances are already pushed to the limit, paying a licensed appraiser may not be feasible. Therefore, a knowledgeable local real estate agent that knows the current conditions of the real estate market is the best way to get an accurate estimate of what your home could sell for.


	To get top dollar for your distressed real estate in our area, it takes the level of know-how and experience we posses to get to the closing table quickly. Contact Tricia Townsend at Wilkinson & Associates today.

Next, estimate your closing costs. The experienced real estate agents at Wilkinson & Associates will account for fees including title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs upon closing.

Finally, contact your lender and let them know of the situation. They may even have a specific department that deals with short sales. Ask about their specific process. Some lenders will be more able to work with you than others. They may be able to lessen how much you owe or make other arrangements. Your lender will have to give consent for the final sale.

Wilkinson & Associates 8903 E Oak Island Drive Suite 3 Oak Island, NC 28465

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