Frequently asked questions:

Q:  What type of property does A. Leander & Company work with?

A:  We have experience with all types of real estate, however, our primary business if multi - family residential property.

Q:  What is A. Leander & Company's brokerage commission rate?

A:  Our commission rate depends on a number of factors including but not limited to;  size and scope of transaction, previous relationship, market conditions and property location.

Q:  What is a short sale?

A:  A "short sale" is a transaction where a lender agrees to accept less than the amount owed to settle a mortgage debt, please click on the "underwater properties" tab to learn more about short sales.

Q:  Does A. Leander & Company charge any upfront fees for short sale related services?

A:  NO!  We do not charge the homeowner ANY fees for short sale related services, our fee is payed by the short sale lender. 

Q:  Will a short sale ruin my credit?

A:  It is a myth that a short sale will "ruin" credit, credit can actually be improved over time after a short sale. 

Q:  Will I be responsible for any deficiency balance that may result from a short sale?

A:  You cannot be forced to accept a short sale agreement that leaves you responsible for a deficiency balance.

Q:  Will I incur a tax liablity from a short sale?

A:  A. Leander & Company does not provide tax advise, and we strongly advise that a tax proffessional be consulted regarding tax matters.  The following link contains valuable information regarding post short sale tax matters.  http://www.irs.gov/newsroom/article/0,,id=205004,00.html