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Choosing An Agent Who Knows Short Sales & Foreclosures

By
Real Estate Agent with Laura Coffey & Associates BRE #01410130

 Choosing An Agent Who Knows Short Sales & Foreclosures


     Choosing an experienced agent who knows short sales & Foreclosures is very important in today's market. Knowing how to maneuver the complexities of short sales as well how to identify the distinct real estate opportunities in foreclosure are not merely good skills to have in today's market, they are critical. Not checking a specific box on a short sale addendum could have the implications of having to start spending money out of pocket before you even have an approval from the bank. Not sending an REO addendum with your offer to some foreclosure agents might not put them in check of the proper disclosures they must give you. Today's market definitely calls for using an experienced agent that can protect you against curve balls thrown in this new game of real estate we're in.
     Using a Realtor with their ABR (accredited buyer's representation) is the first step in protecting yourself when buying a home.