A real estate short sale occurs when a home is sold for less than is owed on it. Because the lender is being asked to accept a loss on their investment, they take a role in determining the sales price of the home. A successful short sale transaction requires experience, patience, and the ability to find solutions if problems arise during escrow period.
As your short sale specialist, I'll:
Ø Determine the requirements of your lender to approve your short sale.
Ø Facilitate the submission of the required documents from you to the lender, including a "hardship letter" which speaks to changes in your income and or/expenses.
Ø Determine a listing price for your home, and diligently market it for sale.
Ø Communicate regularly with your mortgage lender's short sale negotiator to work towards a selling price that they will agree to.
Contact me for a FREE confidential Real Estate consultation.
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