What a Short Sale expert must have

Nowadays, anyone thinks they can handle short sales, they promote themselves as expert agents, but far from true is when you put in their hands your only one chance to financial freedom and all of a sudden it turns into your ticket to court for foreclosure sale. Then you see yourself being prosecuted by the lender to pay all the money owed after the sale.

This is a delicate process, not everyone has the right people working with them to accomplish a successful negotiation.

First symptoms of being with the wrong agent:

1. He/She wants to charge you an upfront fee
2. He/She handles everything on his own, negotiating, marketing, document management
3. He/She promises that it will be done in less than 30 days
4. Lists the property at an extremely low price that the bank will laugh at
5. He/She doesn't respond to communications in a timely manner
6. Never answers the phone

What a good agent must have:

1. A team of other professionals working together to make it happen: Title Company, Attorney, Accountant (at least)
2. A good knowledge of the area where the property is located to price it correctly
3. Has access to the appropriate forms and list of needed documents to make it a complete file
4. Always responds
5. Has a back up plan/offer in case the present offer fails

These are general must haves, the process is much more complex than that, it requires a lot of expertise, remember this is your only chance of setting yourself free of this responsibility. To contact you with an expert short sale agent CONTACT US.