Short Sales

What is a short sale? A short sale is when a homeowner owes more than what the home is worth and the lender or lenders agree to accept less than what is owed – a short payoff. A short sale takes a knowledgeable agent to get the transaction closed. We are experienced Realtors and specialize in short sales. With our help and experience we can bring an end to the financial burdens and help you move on.

What is the first step? We will need to meet for about 30 minutes and discuss the details of your situation. There will be paperwork that we provide and some other documents to be completed. Each bank’s requirements are different, but we know what they are looking for. After our meeting, your Realtor will contact the bank and move forward in selling your property.

Why does a bank agree to a Short Sale? In most cases it is more advantageous for the bank to do a short sale than go through the foreclosure, carry the property, list the home and still have the closing costs and commissions that they would with a short sale. Mortgage companies do not want to hold on to properties where they are not receiving mortgage payments.

Why shouldn’t I contact any agent I know to help me short sale my house? There are many agents who will offer to list your home at a “short-sale” price and just see what happens on the market. This is not the same thing as working intimately with officials at your mortgage bank and properly providing legal guidance and support to you throughout the process. Short sales can be very complicated and maneuvering banking, government, and legal systems takes a trained professional. We have numerous dealings with most banks and know what each bank requires in the form of paperwork. Each and every bank require different forms and requests, we have this information on hand to speed up the process.

Do I have to pay for the services? No, we do not charge the homeowners for listing their home, marketing the property and negotiating the short sale. Buying and selling agents’ commissions and closing costs are paid from the lenders gross proceeds from the sale of the distressed home.

About Us

My name is Jared Fousch, and I’m Realtor with Mirambell Realty in the Greater New Orleans area. I’ve lived in NOLA my entire life never leaving or missing a beat. I love working with the people who live and work here. I love what New Orleans has to offer, from the food, music, culture, Saints, and so much more!

After spending 8 years in engineering with my heart in Real Estate, I made a full-time switch to do what I love and what I know the best. I love to help people buy a home or an investment property and teach them how to do it as a safe and secure long-term decision. When it comes to selling it takes knowledge and strategy, and I have both to get the job done.

If you are like many Americans and have fallen into a financial situation due to the economy, you may need help finding a solution. Getting out of your home and from under your mortgage takes a special and extremely knowledgeable Realtor. Foreclosures and Short-Sales are my specialty. I study banks and their trends to keep up with the methods in which they handle their loans and foreclosures. This changes often and takes a concentrated and patient Realtor to be successful, and that Realtor is me. I handle Short-Sales on a daily basis and have the knowledge to get you through these difficult times.

Craig Mirambell Jr, Broker/Owner of Mirambell Realty, Metairie Office, has years of experience specializing in residential real estate transactions. From condos to multi family units we sell it all. Mirambell Realty was started in June of 2006. I discovered after working for some other companies, the need to develop relationships with my clients. I wanted to interact with my clients through whatever form made them feel most comfortable. Catering to everyone’s needs allows Mirambell Realty to service all clients. Using text messaging, emails, faxes, or good old black and white print outs assures us that we can identify with each person’s needs. My goal with my company is to be ahead of the game. Our company goal is to combine technology and personality to deliver your real estate needs.