Short Sales and Experience
Short sales are the most popular way to avoid going into foreclosure in the current real estate media. The process works for the most part and real estate agents/brokers support it. It requires patience but is definitely worth it when you don’t have to lose your home and also have that black mark on your credit. Our goal here is to educate on what and how exactly a short sale works and what is involved. Sometimes, there are other options that you aren’t even aware of.
For starters, most real estate agents and brokers don’t have experience in short sales. Within your average real estate office, only a handful of agents are experienced in short sales. There are experienced short sale agents out there so pay attention to signs of experience and comfortability with explanation of the process. Other newbies normally fake it until they make it at first because it is not impossible for a rookie to get a lender approval letter. The lender will walk you thru the process, however they will not be as helpful as you think. Your deadlines and their deadlines are different no matter what they tell you. If you don’t make your deadline and the house goes into foreclosure, it is not something that they will think about the next day. Obviously if this is your house and your life, you don’t want it being handled by somebody who doesn’t care about it any less than you do. After months of waiting (typically 3-6 months) your short sale transaction closes and your finally done. Move on with your life and feel free knowing that you avoided foreclosure!
You are in luck! We also help handle short sales for you so that you can be reassured an experienced short sale professional is looking after your best interest. If we can offer your a solution to avoid the short sale and foreclosure process entirely, we will let you know. Fill out the form below and a professional will contact you to discuss your options!