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Why You Need a Real Estate Agent for a Short Sale?

By
Real Estate Agent with REMAX All Star

It is imperative that you hire a real estate agent to help you through the short sales home process.  A real estate agent is an expert in the housing market and if you want to make a short sale as profitable to you as you can, you will need someone that is truly on your side.  The only person you will find to take your best interest to heart is a real estate agent.  It certainly will not be the lender or the buyer, only the real estate agent.

A short sale is a much better alternative not only to the homeowner, but to the lender as well.  The homeowner may have a much easier time of selling the home at a lower price as well as save their credit rating.  If a homeowner declares bankruptcy, it will ruin their credit for many years.  This should be the last alternative for anyone.

Also, the lender will go for the short sale every time if they have to choose between a foreclosure and a bankruptcy.  They will certainly get much more of their money back with a short sale or either of the three.  This is why the lender will agree to a short sale.  They realize their options are very limited due to this dire situation and it is smart business to go the short sale route when faced with this situation.

If you are a homeowner and wish to do the short sale process, it is imperative that you act quickly.  You will need to get the ball rolling with the short sale in order to make the best out of a bad situation.

Finally, a short sale is certainly not a lucrative one for the homeowner but when forced into a situation such as this, it is extremely important that you utilize the expertise that only a real estate agent can offer you.  They are the only one who can guide you through this process and truly be on your side.

If you need assistance with the process of your short sale, visit www.SteveBusse.com and I would be happy to assist you with all your needs and guide you through the process.  We do provide paid attorney review of settlement documents on all short sales to assure our clients are fully protected prior to executing or finalizing closing documents. 

Anonymous
Stefanie Rozell

How can you as a representative of the buyer of a short sale make sure that all open mortgages are known before making an offer or at least before investments as home inspection and appraisal to get a loan tied down?

Oct 11, 2009 03:27 AM
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