In Search of Short Sale FAQs
Hello All,
For the last year or so, I've been presenting to realtor associations, brokerages, pools of independent agents, etc. on the 5 most frequently asked questions by short sellers. The goal of the presentation and the content we've repurposed therefrom (e.g., blog posts, ebooks, etc.) is to prepare agents to handle those questions in such a way that will help them get, keep and close more short sales. I've covered the standards:
- Will I get a deficiency judgment?
- Will I get a 1099-C?
- Will the short sale affect my credit?
- Will the short sale cost me anything (e.g., cash contribution; prom. note)?
- Why would I choose the short sale over just walking away?
I'd like to expand the materials and am on the lookout for more FAQs?
What are your sellers asking nowadays? Thanks in advance for your input. And, as always, the results will be freely available. Thanks again.
Chris Black
Attorney
Winged Foot Title, LLC
Fort Myers, Florida
Blog: www.homeclosingprocess.com
Twitter: www.twitter.com/wingedfoottitle
Replies to This Discussion
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Permalink Reply by Mike Linkenauger on
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We've got a pretty good general question and answer for short sales that we've put together. Agents try to steal it about every day and we have to come after them, so it must be decent! LOL...
www.short-sale-specialists.com/custom7.shtml
As far as homeowners biggest "concerns", I definitely think you hit the nail on the head.
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Permalink Reply by Chris Black on
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Thanks, Mike.
Mike Linkenauger said:We've got a pretty good general question and answer for short sales that we've put together. Agents try to steal it about every day and we have to come after them, so it must be decent! LOL...
www.short-sale-specialists.com/custom7.shtml
As far as homeowners biggest "concerns", I definitely think you hit the nail on the head.
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