Short Sales
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These are recent Short Sale approvals, demonstrating HAFA incentives for the seller and full commission for the agents. There is also an approval from the Small Business Administration (SBA).
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Being able to close quickly and keeping your clients informed and happy are some of the most important things when negotiating short sales. We have a full time department that exclusively works on short sales.
There are many reasons that a short sale can fall through for reasons that are out of your control. A big reason is that the buyer does not come through.
If you are contemplating a short sale, there are some things that you should consider. The short sale will appear on your credit report for the next 7-10 years.
To get your lender to approve your short sale, there are a number of documents that your lender is going to want to see from you. It's not enough that you've missed payments,
Short Sales Overview Featured
Far too often, in this market, there comes a time when the balance on your mortgage far exceeds the value of your property. Combine that with a financial hardship, and it may be time to consider a short sale.
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