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1.     The borrower’s personal and financial situation

2.    Local real estate conditions

3.    Market value of the house

4..   Strength of the purchase contract

 

More Short Sale Success Quick Notes!

1 Important Reason Why Short Sales Aren’t Easy

2 Important Reasons to Consider a Short Sale

3 Criteria to Qualify for a Short Sale 

 

5 Benefits of a Short Sale

 

4 Considerations for Your Lender to Approve the Short Sale 

 

10 Steps to a Successful Short Sale 

 

9 Agent Services from Start to Finish 

* * * * *

JUDY CHAPMAN | Live the life you dream

Residential Sales ∙ Luxury Sales ∙ Short Sales


      SELL YOUR HOME BUTTON     SEARCH CHICAGOLAND MLS       Ask Judy button    Avoid foreclosure button

Koenig & Strey | 1925 Cherry Lane | Northbrook, IL 60062

Judy@ChgoNorthShore.com | Office: 847.749.3811 

 

Up until a year ago, I sold real estate in Orlando FL, explaining why you’ll see many, many posts related to the Orlando real estate market. Now I’m back in ‘Sweet Home Chicago’, selling real estate in the North Shore and West of North Shore Suburbs.

If you’re interested in relocating to Florida, contact me for recommendations of some very fine Realtors® all over the state. I can also refer you to some of the hardest working Short Sale real estate agents throughout the country.

 
Posted by Judy Chapman on 09/17/2009 08:15 AM   Comments (4)   About Short Sales in the Home Selling Channel   short sale success  
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4 Comments on SHORT SALE SUCCESS: 4 Considerations for Your Lender to Approve the Short Sale

SEP
17
2009
777,671 Points 53 Featured Posts Outside Blog Called Shot Master

Judy:  Four major considerations... yes.  But if it were only that simple.  There is just so much to deal with in short sales... and one of the major hang-ups is simply being able to communicate with the seller's lender.  It is at times so amazing that they can make something that should help them... so difficult.
8:18am • #1
125,670 Points Attended Rain Camp

Judy right on, those are four very important considerations for a short sale.. The challenge of course, has been in getting the lender to consider them. 

Time is not always on the seller's side when trying to get the lender to consider the short sale, and a knowledgeable and experienced agent is the best option for any seller who needs to do a short sale.
8:23am • #2
303,892 Points 37 Featured Posts Attended Rain Camp Called Shot Master

Karen - Oh boy, are you right. A couple days ago I was on hold for 45 minutes with a lender before I finally gave up. Sometimes, you can't even get on hold! If they would just hire enough people to deal with this situation, they could clear out their files and solve unemployment in one swoop!
8:42am • #3
303,892 Points 37 Featured Posts Attended Rain Camp Called Shot Master

Dan - It's amazing how many homeowners in this perilous situation don't even know an agent can help them.
8:43am • #4

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Judy Chapman

Northbrook, IL

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Koenig & Strey Real Living

Address: 1925 Cherry Lane, Northbrook, IL, 60062

Office Phone: (847) 272-0330

Cell Phone: (847) 859-9197

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DISCLAIMER STATEMENT: All data and statistics provided on this blog is for informational and educational purposes. The blogger strives to present verifiable facts, statements, and statistics, but cannot guarantee accuracy.

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