Search Rosedale New York Short Sale Listings Guide-March 25 2011

Queens, New York Overview

Rosedale, New York 11422

The Search Rosedale, New York Short Sale Listings Guide-March 25 2011 is a weekly report to assist prospective home buyers and sellers in the purchase or sale of Rosedale, New York Short Sale and Rosedale New York Homes for Sale.

The report provides free multiple listing property search of Rosedale, New York Short Sale information and short sale data. Rosedale New York Short Sales  are also broken down by price range to give purchasers an idea of the number of homes available.

According to the National Association of Realtors Short Sale Basics, "A short sale is a transaction in which the lender or lenders agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt.

A short sale can also be the best option for a homeowners who are "upside down" on mortgages because a short sale may not hurt their credit history as much as a foreclosure. As a result, homeowners may qualify for another mortgage sooner once they get back on their feet financially".

While a Rosedale New York Short Sale can represent a "bargain" for buyers, there are many potential pitfalls that buyers should prepare for. Thinking of Making an Offer on a Short Sale, an article published bt the National Association of Realtors, provides a roadmap to a successful Rosedale New York Short Sale purchase.

Rosedale homes sold information is also provided to prospective home buyers and sellers to aid in determining property value.

The residential community of Rosedale is located in the southeastern part of the Borough of Queens in New York City, NY. Rosedale is bordered to the north by Cambria Heights, to the east by Valley Stream and North Woodmere (both in Nassau County), the west by Laurelton and to the south by John F. Kennedy International Airport

Rosedale, New York Homes for Sale

As of March 25, 2011, there were 114 Rosedale, NY Homes for Sale Of the 114 Rosedale, NY Homes for Sale, there were 38 Rosedale, New York short sales. The median Rosedale NY short sale list price is $344,500.

The Rosedale NY Short Sales by price range indicates that the $300,001-$350,000 band has the most homes available with 10 .

 Rosedale, New York Homes Sold

The three month period December 26 2010 to March 25 2011, accounted for 1 Short Sales of the 17 Rosedale, New York Real Estate sold. The Short Sales median sales price for this three month period was $275,000.

Data Source:Multiple Listing Service of Long Island