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short sale seller: Dear Short Sale Seller....please understand...and help us help YOU - 06/27/11 09:58 PM
DEAR SHORT SALE SELLER
We want to help, we really do...but we can't do it without your help and active participation in this process. There are several things we hope you'll take to heart
COMPETITION
Put your ego aside and price it aggressively Don't think of how much you paid for it, or how much you think it's worth. It's only worth what a buyer is willing to pay for it Buyers will be attracted to your property only if they believe it's a good deal, i.e. good price Short sales are competing with other listings that are easier and … (6 comments)

short sale seller: Let's face it: we're in for a bigger wave of short sales. Tips for buyers, sellers and agents - 03/23/10 02:10 AM
At the peak of the market, many buyers "qualified" through stated income. And many opted for adjustable rate mortgages which are now re-setting or have already re-set.
The difference between what the buyers paid monthly and what the new payment will be are going to drive many of them to refinance. But they may not qualify because the value of their properties are worth less today than what they owe. Others will apply for loan modification...and as we've already seen and heard, that's easier said than done.
So outside of foreclosure, their next move could be doing a short sale.
Even now, … (5 comments)

short sale seller: Dear Short Sale Seller...if you want to sell, COOPERATE! - 03/16/10 07:39 PM
Having worked on several successful short sales, it's necessary to evaluate which projects went smoothly and which ones hit a brick wall. We can't control or manage certain bank processes, but we can certainly ask the sellers to cooperate better
The ones that took longer and were painful to manage and execute had these in common:
Sellers believe their property is worth more, and refuse to list at the recommended price Sellers questioned why we need so many documents Sellers balked at giving copies of their financials (bank statements, financial statements, tax returns, pay stubs) --- regardless of how many times … (23 comments)

short sale seller: OPEN LETTER to Short Sale Sellers. If you really want to sell your property.... - 10/20/09 01:09 AM
MY DEAR SELLERS
During a short sale, our mutual goal is to get an offer accepted as quickly as possible by your lender  to prevent a foreclosure. And as you already know, the effects of a short sale are far less damaging than a foreclosure or a bankruptcy.
REMEMBER YOUR GOAL:  SELL THE PROPERTY!
Please understand that maintaining the home is still your primary responsibility during this selling process, whether you choose to stay or not at the property, remember what it takes to sell.
 
 

MAKE IT EASY TO SHOW YOUR PROPERTY
Keep the house looking nice inside … (13 comments)

short sale seller: Dear Short Sale Seller: can't you see I'm trying to help you? - 08/17/09 02:04 PM
I think we have reached a point where I CARE MORE ABOUT THE SELLER'S FINANCIAL WELL-BEING THAN SHE DOES.
Short sale should also mean short fuse.
No matter how many times we explain to people that short sale is anything but short, and that it will take time to get a response that will determine the right course of action, some people have short memories.
This seller previously listed her condo with another agent but didn't get a single offer after more than six months. I agreed to help her because although there are two loans, they are both with Bank … (7 comments)

 
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Pacita Dimacali - ePRO, SRES, CDPE, MBA Alain Pinel in Alameda County CA

Oakland, CA

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Alain Pinel

Address: 6211 La Salle Ave, Oakland, CA, 94611

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