short sale process: Short Sales and How I Think They Should Be Handled Part 1 of 4 - 06/26/08 01:29 PM

First of all I do not believe that any real estate agent should list a home as a short sale without having done some research first.
 
 
Research
 
You should have a preliminary title search done to determine if there is a second mortgage or any … (7 comments)

short sale process: Short Sales and How I Think They Should Be Handled Part 2 of 4 - 06/26/08 01:28 PM

Listing Activities at property
 
 
·         Take multiple photos of the property – the good and the bad. Obviously use the prettiest photos for your marketing material but disclose any known defects. The bad photos are good to show the seller’s lender.
 
·         Put an electronic lockbox … (0 comments)

short sale process: Short Sales and How I Think They Should Be Handled Part 3 of 4 - 06/26/08 01:27 PM

Yay, Showings and Offers!
 
You get showings, and now an offer comes in. GREAT! How do I think offers on short sales should be handled? Like any other sale.
 
            Present all in a timely manner. Encourage your seller to make a decision asap. If they like the … (5 comments)

short sale process: Short Sales and How I Think They Should Be Handled Part 4 of 4 - 06/26/08 01:26 PM

Submit That Offer
 
            Ok, now back to the seller’s bank. You should have already spoken to the bank(s) to know exactly what to send and to where. Create a nice coversheet detailing the borrowers (that’s your seller) Property Address, Name and Loan #. Include page #s like … (3 comments)

 
Real Estate Agent: Cape Coral Real Estate Broker | Susan Milner | Florida-Future-Realty.com (Florida Future Realty, Inc.)
Cape Coral Real Estate Broker | Susan Milner | Florida-Future-Realty.com
Cape Coral, FL
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Florida Future Realty, Inc.

Office Phone: (239) 542-8521
Cell Phone: (239) 542-8521
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Licensed Real Esate Broker, Susan Milner shares her knowledge & opinions on real estate. Having lived in Cape Coral for the past 14 years she puts emphasis on that area. Susan holds GRI & e-PRO designations & is a proud member of the National Association of REALTORS.
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