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David Childress
Akron Ohio REALTORĀ®

Akron Ohio Homes

A family man understanding family needs!


You may never have a better opportunity to buy your dream home at such a wonderful price and still great interest rates!

Search Homes On My Site Now and E-Mail Mefor New Homes posted daily, including all information and pictures to your own private E-Mail!
 Search the Entire Ohio MLS on our site and let us know if you find a property in the Akron Ohio homes area that you are interested in. I'd be happy to show you homes on your schedule.

Working with a REALTOR® when buying a home is absolutely free.

David M. Childress, REALTOR®

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We are in real need of new listings. We have many buyers and not enough homes to show. This seems to be the spring market now! This is the time to list and sell your home with the number 1 Real Estate Company in NE Ohio, Howard Hanna Real Estate Services!
I will put your HOME on over 45 Internet sites! states that over 94% of buyers find their new home on the Internet! Ask yourself, on how many web sites was YOUR HOME proudly displayed for buyers? Not happy? Then call me! Google one of my Ohio homes listings and you will see the power of the Internet!

 Howard Hanna Real Estate Services now include all my home listings on as well as, Zillow Real Estate, Yahoo Real Estate, MSN Real Estate and AOL Real Estate and are the largest homes listing sites in the world with millions of "hits" each day!

Call or text my cell, (330) 620-8460 or 
Email Me  anytime!

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David Childress - Real Estate Agent
 David M. Childress on Zillow
David M. Chiā€¦

87% of Home Buyers Want One-stop Shopping & It is Right Here at Howard Hanna! Buy your Home, Sell your Home, Get your Mortgage Loan, Title & Closing, Home Warranty and Home Insurance! Call for more Info! reports that over 94% of home buyers start their home search on the internet. Hundreds of Akron Ohio home buyers search on my web site weekly. Shouldn't YOUR home be on our website? A simple email or phone call today will get that accomplished!
David M. Childress, Akron Ohio Realtor
Akron Ohio Homes for Sale, Akron Ohio Real Estate For Sale.
Cell: (330) 620-8460
Fax: (330) 896-5235

Email Me Anytime

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When A Short Sale?

A short sale happens when a homeowner owes more on his mortgage than his home is worth in today's fair market value. Therefore, the home is underwater, or upside down. A homeowner's real estate agent then negotiates with the owner's bank to accept less than the balance of the mortgage. For example, if a home is only worth $400,000 but the owner has a mortgage balance of $500,000, then he will be $100,000 "short" when he goes to sell his home.



     A short sale in real estate is when a lender allows a homeowner to sell their home for less than the debt owed on the mortgage. By working with the right listing agent, many homeowners are able to have all their debt forgiven.


     A short sale is the best option for many homeowners who are underwater on their mortgage payments, and have been unsuccessful getting their loan rates refinanced or reduced to an affordable rate. In both a short sale and a foreclosure the property is lost, however, a short sale only affects one's credit for two years. A foreclosure, on the other hand, will negatively impact your credit for seven or more years. Another benefit of a short sale is that many banks and government programs offer financial assistance with completing the sale and moving costs. Those who are foreclosed on don't receive that type of assistance.


     Choosing the right short sale agent is imperative. Their job entails much more than slapping the listing into MLS and throwing up a For Sale sign; they will be handling negotiations with the bank. If the short sale agent has inadequate experience dealing with loss mitigation and negotiators, the seller will be the one who suffers in the long run.            

     An experienced agent will be much better suited to negotiate with a lender, because not all lenders handle short sales the same way. The right agent can assure that you will pay little to nothing when selling your home, and their sales commissions are paid by the bank, not the buyer or seller.


     Helping many good people avoid foreclosure in NE Ohio. I take the stress out of a very difficult time for my clients. So many thoughts and anxious moments in their lives, I want closure and let them move on to better times. Of all the short sales I have done, I have never lost one to foreclosure! Why? Because I work hard daily, working the sale, contacting the banks, finding buyers, marketing their home all over the most popular internet real estate sites. I take my work seriously because good lives are in the balance, literally!



Purchasing a short sale is very different from buying a regular traditional sale. The main reason is because in a short sale, the market value of the home is less than what is owed to the seller’s lender. During a short sale transaction, the brokers negotiate with the lender to accept a “short” payoff on the loan, and in most cases, forgive the debt altogether. Buyers should be aware that completing a short sale purchase (closing escrow) can take anywhere from 1 month to 6 months or more, depending on the holders of the liens. For example, if the seller only has one mortgage, it is much easier than if he has two mortgages, since each loan has to be negotiated down separately. That’s why working with an experienced Short Sale expert agent is so important.

Short sales require some extra skills from the real estate agents handling them. Every bank has their own procedures, with different documentation they require. Working with an experienced agent is a sure way to increase your chances for success. A qualified short sale agent has experience negotiating with bank managers on your behalf, and can make your case stronger, helping you secure the best possible price.




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