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For Home Buyers:
Why Buyers Choose The Farm & Home Team - Why homebuyers looking for a real estate agent in the Sioux Falls area choose The Farm & Home Team. Latest Listings - Get The Farm & Home Team's latest Sioux Falls listings of homes for sale first! Find Your Perfect Home - The Farm & Home Team will search for your ideal home and email you the newest Sioux Falls MLS listings of properties in Lincoln County SD. Go to Main Sitemap - Main sitemap sections include Find Sioux Falls Homes, For Home Buyers, For Home Sellers, Sioux Falls Information, Real Estate Resources, and About The Farm & Home Team.
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Real Estate Tips
Short Sales >2. How to Request a Short Sale If you are facing foreclosure and are considering selling your home as a short sale as an out, get in touch with a trusted real estate professional immediately. They will be able to assist you in the process of requesting to short sell your home.
- Your real estate agent will most likely tell you that some banks will not allow a short sale to happen. Contact your lender’s loss mitigation department and speak with a supervisor. Explain your financial situation and ask if you qualify to sell your home as a short sale.
- Ask the supervisor what documents you’ll need to proceed and make copies of those. (Depending on the lender this could be anything from bank statements, tax forms, pay stubs, etc.)
- Ask your real estate agent to come up with a comparative market analysis report to show your lender how much the home is worth based on home sales in the area.
- Write a letter of financial hardship detailing the reasons you are no longer able to make payments on your home.
- When you’ve completed all the aforementioned necessary paperwork, compile it together and mail it to your lender’s loss mitigation department.
- Pending your short sale application approval, request a deficiency release from the bank. The release absolves you of any obligation to pay the balance on the mortgage. If the bank refuses, continue to press the issue.
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Real Estate Trivia
| Q |
What holds the title as the tallest reinforced concrete building in the U.S.?
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| A |
311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high. |
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The Farm and Home Team
Farm & Home Realty
1010 W. 5th Street
Canton, SD 57013
605-987-5874
Toll Free: 1-877-724-SCHUTTE (8883)
Cell: 605-366-7028
Fax: 605-987-5282
Office: office@farmandhomerealestate.com
Email: FarmandHomeTeam@NUMBER1EXPERT.com
Casual Atmosphere...Professional Results!
When it comes to buying or selling your home, you want to deal with a REALTOR who makes you feel comfortable. Our style is casual. You won't get a
high-pressured sales pitch from us. You also want a professional who knows the market and follows through to a successful transaction. Selling real
estate is our full-time job. Our results are proven, too. Farm & Home Realty, Inc. is consistently involved as a seller's agent, buyer's agent or both in many of the local transactions. We encourage you to take advantage
of the many tools available on our website. And, we'd love to talk with you. Send us an e-mail, give us a call or, if you are in the area, stop in. The coffee pot is usually on!   
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