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Avoid Foreclosure Now: Plano, Frisco and Allen Texas home buying, real estate listings, and homes for sale in Dallas County, TX

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The current economic climate has caused numerous real estate foreclosures and created homeowner concerns.

As Certified Distressed Property ExpertsŽ and REALTORSŽ, we have helped many homeowners avoid foreclosure. We can provide you with the knowledge and necessary steps to possibly save your credit, relieve the uncertainty and most of all, help your family during a trying time.

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Short Sales >6. Who Pays My Agent When I Short Sell My Home?

Because a short sale usually comes about in a financially trying time, the standard realty fees can be a concern. But the homeowner need not worry about the financial strain of short selling his or her home.

When the lender agrees to the short sale, the real estate agent begins to market the home to potential buyers. At this point, the homeowner is only required to allow potential buyers view the home.

When the home is sold, the commissions are paid from the money the buyer places in escrow; therefore, because there is no equity in the house, the lender ultimately is the one paying the entire sales commission.

Since lenders are already losing money on the sale, its common for them to offer less than the average sales commission to the real estate agents involved.

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Q	What is the average price for a home in the United States?
A	According to recent data published by the NAR, the national median price for existing single-family homes is now $230,000.
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The Geni Manning Team, REALTORŽ, real estate agents and broker for Plano, Frisco and Allen Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

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Keller Williams
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Geni Manning, Realtor, CRS, SFR, ASP, TAHS, GRI, ABR, CNHS, Relocation Specialist An accomplished Realtor with a proven track record since 1982, Geni has been recognized as a leader in the real estate industry. Years as Company Top Producer and award winner, she consistently displays her service-oriented attitude! Due to her vast experience as a Realtor, former builder and interior decorator, Geni is a trustworthy source of information for both buyers and sellers. License # 0315939

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