If you’ve decided to Short Sale your home, you must find an agent who has the experience and credentials in today’s short sale market. Some questions to ask: How many short sales have you closed? An experienced short sale agent should have closed at least 20. Your short sale agent should know:
ü Authorization to release
ü Collect complete mortgage information
ü Able to negotiate with multiple lenders
ü Contact your lender's loss mitigation division
ü Title search
ü HOA fees (overdue balance)
ü Prepare a comprehensive short sale package for the lender
ü BPO, providing necessary comparables to submit to bank
ü Repair estimates from both seller and buyers
ü Maintain regular communication with lender and seller
A short sale is a process that can be complex and is undergoing changes as banks streamline the approvals. You need the right Short Sale listing agent working for you, it would be best to seek out short sale specialists who will fight for you and succeed...
Richard & Janet - Certified Short Sale Professional
661-733-0507 OR 733-0508
Keller Williams Realty AV Serving Palmdale, Lancaster in California
www.HomesByJR.com
www.ShortSaleByJR.com
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