Short Sales

Do you owe more on your home than it’s worth?
Are you currently unable to afford your mortgage payment or are you behind on your payments?
Not sure what to do?

We can help you sell your home, avoid foreclosure and cancel your home debt using a Real Estate Short Sale.

The best part is your lender will pay all the real estate commissions and closing costs so this strategy will cost you NOTHING!

Why should you select our team to help you with your short sale?

Well, there are several pitfalls to watch out for that only experienced agents know about.  Check out the list below…

Pitfall #1 – Not knowing the rules!
Each bank has different processes for a short sale and your agent needs to know this.

Pitfall #2 – Poor Package Preparation
Lenders require specific documentation and will not proceed until your package is complete.  The quality of the information will determine success.

Pitfall #3 – Negotiation Experience
Is the agent working with an experienced negotiator.  The negotiator is the one that contacts the bank and works out the details.  Some agents do this themselves and you need to know if they have experience doing this and have the time to do it.

Pitfall #4 – Preparation
Is the agent prepared for each step as the process unfolds.  The short sale can get derailed at anytime and you need to be prepared so this does not happen.

Pitfall #5 – Lack of Focus
It is best to work with a Realtor who focuses mainly on Short Sales.  If this is their specialty, the odds of a successful short sale is much higher.

Pitfall #6 – Not paying attention to Details
If small details are overlooked, the bank may not approve your short sale.  You need to work with someone who knows to be on the lookout for the small points that others miss.

Pitfall #7 – Pricing and Appraisals
Your house needs to be properly priced at the beginning and your agent needs to know how to handle the bank representative who comes out to determine its value.  You only get one chance to get this right.

Pitfall #8 – Determination
Short Sales can take anywhere from 3 to 6 months to get approved and you need to be determined to hang in there till the end.

Pitfall #9 – Legal Liability
Many parts of the process are the same as every real estate transaction so you still need to take the proper legal protection.  You don’t want to get sued later on for not disclosing pertinent details.

We will make sure to avoid these pitfalls and get your short sale approved.  Then you can move on with your life and leave the stress behind.

If you are in San Diego and want to explore a Short Sale, give us a call today! We will immediately email you our Seller’s Short Sale package.  This will give you all the info needed to start the process.  619-981-3243

San Diego Short Sale Experts