Century 21 Barefoot Realty is happy to announce our new Short Sale Program. With as many as 1 in 6 Americans behind on their mortgage payments, it's important to know that there are options other than foreclosure to consider.

A short sale is a sale of real estate in which the sale proceeds fall short of the balance owned on the property's loan. Short sales have increased drastically in the past couple of years due to the significant amount of properties whose market values have dropped significantly below the amount the borrower was loaned for it's purchase. Although certainly not ideal for either party, through the short sale process, both the lender and the borrower can avoid foreclosure. While many people may now know what a short sale is, often times they are intimidated by the process due to misinformation or simply unsure how to make it happen.

Recognizing that there was a need in the market to help Myrtle Beach homeowners through this process, Century 21 Barefoot Realty has worked hard to put together a multi-pronged program designed to smoothly navigate these often complicated transactions.

The first aspect of this program is, of course, our sales team. Our sales professionals know this ever-changing real estate market. They also know the best ways to market individual properties to find buyers and negotiate a reasonable sale price. We have also teamed up with a local real estate attorney and short sale facilitator with extensive banking and mortgage experience. This additional advocacy should help produce the best possible outcome, in a shorter period of time. Best of all, we are able to do this at no cost to the seller. If you would like additional information, please contact one of our sales professionals.