Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from The Nettleton Group, a proven Southbury, Woodbury and Newtown, Connecticut NUMBER1EXPERT™ Top Selling real estate agents. Find Southbury, Woodbury and Newtown Homes - Find Southbury, Woodbury and Newtown, Connecticut real estate listings & homes for sale provided by The Nettleton Group, your local expert real estate agents. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from The Nettleton Group, a proven Southbury, Woodbury and Newtown, Connecticut NUMBER1EXPERT™ Top Selling real estate agents. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from The Nettleton Group, a proven Southbury, Woodbury and Newtown, Connecticut NUMBER1EXPERT™ Top Selling real estate agents. Southbury, Woodbury and Newtown Information - Find local information on Southbury, Woodbury and Newtown, Connecticut including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by The Nettleton Group, a proven NUMBER1EXPERT™ Top Selling real estate agents. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from The Nettleton Group, a proven Southbury, Woodbury and Newtown, Connecticut NUMBER1EXPERT™ Top Selling real estate agents. About The Nettleton Group - Information about The Nettleton Group including testimonials, guarantees, credentials, and contact information. Learn why The Nettleton Group is a proven Southbury, Woodbury and Newtown, Connecticut NUMBER1EXPERT™ Top Selling real estate agents. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
Short Sales >3. How to Prepare for a Short Sale If a homeowner is facing foreclosure and wishes to explore short selling their home as an alternative, it is crucial to get help from a trusted real estate agent. With the agent’s help, this is how the homeowner will prepare to short sell their home: - Agreement. The homeowner must get the lender to agree to sell the home at a loss.
- Documentation. If the lender agrees to a short sale, the homeowner will need to provide documentation to the lender indicating that he or she is financially incapable of paying for the loan. It depends on the lender, but the documentation usually required can include:
- A hardship letter explaining why the homeowner is unable to pay the mortgage.
- Recent tax return forms, W2 forms, and/or 1099s.
- Recent paystubs.
- Financial statement detailing list of assets and liabilities.
- Consultation. The last thing a financially stressed homeowner needs is more financial stress. The homeowner should consult with an attorney to find out whether or not difference between what the home is worth and what the home sells for will be taxed.
- Communication. Everyone needs to communicate during this process. The homeowner needs to communicate with the lender to make sure the lender has everything needed to apply for the short sale. The homeowner and the lender need to be in constant contact with potential buyers to make sure they stick around.
|
|
| Q |
The upper walls of what famous holy temple are lined with gold?
|
| A |
The Golden Temple in Amritsar, India is the most sacred temple and spiritual center of the Sikhs. |
 See More Real Estate Trivia > |
|
|
The Nettleton Group
William Raveis Real Estate
141 Main Street North
Southbury, CT. 06488
Cell: 203-217-4979
Fax: 203-264-6425
Email: nettletonr@raveisre.com
Ron Nettleton of William Raveis Real Estate is consistently one of the top real estate agents in the Southbury area receiving numerous awards. Ron has been satisfying clients and customers in sales for over 28 years, giving unparallel service and dedication. He strives for excellence by providing his clients with extensive knowledge and quality of service. Ron's negociation skills, sense of fairness and strong commitment to his clients needs have won him the respect he enjoys.    
www.ronnettleton.com is brought to you by
The Nettleton Group
NUMBER1EXPERT™ in real estate for
Southbury, Woodbury and Newtown, Connecticut Read The Nettleton Group's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
