Chalet with unfinished basement 2 bedroom and loft and 2 bath. Short Sale
1041 Red Hawk Dr
Lake Ariel, PA 18436
Scan with your Smartphone for mobile listing
Best Bargain in the Hideout. Short sale on a 2100 Sq ft 3 bedroom and 2 bath saltbox home. TLC is all this Home needs. Great private setting, nestled in the forest of the beautiful Poconos.
For more information, call Century 21 agents Leo Giombetti 570-493-0801 or Jack Gomez at 570-878-9646.
To see more, click HERE for a virtual tour!
Jack Gomez has detailed property information for 4088 S Fairway Dr, Lake Ariel, PA 18436 and more Lake Ariel Real Estate listings
What are the alternatives to a short sale?
A short sale may have legal, credit, and/or tax consequences. There are several alternatives to
a short sale. These other options include:
1. Make payments to reinstate the loan and keep the property.
2. Sell the property and bring cash to close escrow.
3. Attempt a workout with the lender.
4. Assumption of the mortgage by a buyer.
5. Rent the property and move to a more affordable residence.
6. Offer the bank a deed in lieu of foreclosure.
7....Five things buyers need to know when purchasing a short sale.
1.) Neither the seller nor the lender is likely to make repairs to the property. Manyshort sale properties have deferred maintenance, as the seller may stop paying formaintenance as money becomes tight. By the time the sale occurs, many short salesellers are either unable or unwilling to pay for repairs. They realize that every dollarthey spend on the property is a dollar they will not receive back. If a buyer wants topurchase a shor...The bank won’t stop calling me. Should I talk with them?
We believe you should communicate with your bank on a periodic basis. If you are behind on your mortgage payment, expect up to four phone calls a day. You will also receive a lot of mail.