Patience, persistence, and a lot of experience is required to convince a lender to approve a short sale. It is a process with many steps.
Do “NOT” allow a buyer to work directly with your lender!After all it is your loan and your business, the short sale part of the transaction is mainly between you and your mortgage company. The offer that is presented represent a specific buyer and if the amount offerred is the current market price.
Don’t let the buyer speak for you. You will be required to provide your current financial information and documentation to your lender.
This is not something to let your buyer discuss with your mortgage holder. If you do, you will have no control over what the buyer tells your mortgage holder.
Getting the best deal is always on the mind of the buyer. That could ruin the entire process. A lengthy negotiation period will leave you with absolutely no time to avoid foreclosure if the sale doesn’t work out and the buyer is most likely not literate on the currnt programs available to assist owners who want to short sale. Get a professional to do this for you.it costs you nothing. Never get stuck in your situation and let the process run without your control.
Getting a real estate professional to handle your short sale file is absolutely free and an option worth taking. The mortgage holder pays any real estate fees involved and you pay nothing.
In addition, the mortgage holder knows that it is in their best interest as well as that of the borrower to the have short sale file put together properly by a professional that does not have a conflict of interest right from the beginning.
We’re ready to represent you just the way we have successfully done it for many others. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail :phillis@txhomerealty.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (214) 650-5536
Discover how other sellers successfully completed a short sale and request a free consultation by filling in the contact box to the right or calling me directly.
Thinking about a loan modification? We can assist you, most modifications are denied we can make sure you have the documentation needed and understand the process so you know where you stand.Thanks for reading this, Phillis Nealy.
Phillis is a Real Estate Agent at The Texas Group Realtors.
Phone: (214) 650-5536. phillis@txhomerealty.com.
A Realty company with Service as Big as Texas
This blog is informational only and does not offer legal advice for legal advice please contact an attorney. Thank you for reading my blog.
Give yourself financial freedom by calling the expert in the business. I have a proven track record of success with short sales. I am the short sale queen of Texas with the knowledge, experience, training, and team to keep your home out of foreclosure.
No comments:
Post a Comment