Westport and Weston real estate and homes for sale in Connecticut - David Weber, REALTOR® David Weber REALTOR(r) for Westport and Weston, Connecticut real estate - NUMBER1EXPERT™ David Weber NUMBER1EXPERT(tm) for Westport and Weston, Connecticut real estate
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David Weber, REALTOR®, real estate agent and broker for Westport and Weston Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me at 203-451-7888.


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About Me: Westport and Weston Connecticut home buying, real estate listings, and homes for sale in Fairfield                      County, CT
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Real Estate Tips
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:

  1. Agreement. The homeowner must get the lender to agree to sell the home at a loss.
  2. 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.
  3. 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.
  4. 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.

See All Tips In The "Short Sales" Category >
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Real Estate Trivia
Q 
What price range is considered upscale or high-end in residential real estate?

A 
The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales.
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David Weber, REALTOR®, real estate agent and broker for Westport and Weston Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

David Weber
Coldwell Banker

472 Riverside Avenue
Westport, CT. 06880
Cell phone: 203-451-7888
Home Office phone Number: 203-544-6093
Email: dweber6412@gmail.com

Real Estate is About People...Not Just Houses. I love selling real estate, and am licensed to do so in Connecticut. It is more than just selling or listing homes for sale. It’s about taking care of the people who are buying and selling them. My primary concern is to take care of my clients so they can make the right choices for themselves and their families. The most satisfying moments in real estate for me are when I see smiling faces at the closing table...For buyers it means educating them, to help them come to their own opinion of value so they know they are getting a good home for the money they will spend. It’s also about helping them see the lifestyle they will have after buying the right home. It’s not just the house that matters...it’s how you live in it that makes it a home...For home sellers my concern is that they are able to move on with their lives in a timely manner. This means being truthful about the value of their home so they can make an informed decision on pricing, helping them prepare their home so it shows well and then giving them the best marketing and service possible so they can have a satisfying sale. Specializing in Westport,CT., Weston,CT.,Fairfield,CT.,Wilton,CT., and Redding CT.

Equal Housing MLS REALTOR


Prudential Connecticut Realty real estate and homes for sale in Westport and Weston Connecticut

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