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Who is telling you that Short Sales do not close? Plug your ears!

By
Real Estate Agent with eXp Realty

As I've said plenty times before, I want to remind you that Short Sales do close. When you are being told or you hear that not many Short Sales close you need to simply plug your ears Plug your earsand talk to somebody who will tell you another story:

 SHORT SALES DO CLOSE. 

Those who list Short Sales and are good at their chosen profession; that of helping others avoid foreclosure by listing and closing Short Sales will tell you hands down that they can and with great frequency get Short Sales approved and closed. When you hear the stories of Short Sales not closing, this is due to either a lack of experience on the Agent's part or lack of passion in helping others. It's very simple.  

If you have a plan and a trusted Realtor to be on your side, Short Sales can happen with great frequency. In fact, my Short Sale closing ratio is at roughly 98% and I've been doing them for several years. Remember it's not about listing Short Sales but it's about getting them to the closing table as that is the only way that you as a distressed seller here in South Florida will avoid foreclosure. Ask the Realtor that you're considering hiring how many Short Sales that they've closed not how many that they've listed.  I've noticed many a Short Sale listings that have been put on the market by a Agent and forgotten about. Tell me how this is helping the distressed homeowner?

With this in mind, do not lose hope and think that you're only option is to walk away from your home - WRONG. Short Sales close if you have the right person on your side. In fact, I just recently saved homeowners from foreclosure in Coral Springs, Margate and Plantation and have many more that I'm fighting for.  If you've got questions for me, call me...I"d be glad to help you.

 

 

 

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Whether you're Selling your home in Coral Springs or Buying your home in Coral Springs or other Southeast Florida cities from Boca Raton south to Miramar, I promise to be on your side working hard for you as your Coral Springs Realtor and South Florida Realor. Helping homeowners with Coral Springs Real Estate and the Real Estate in surrounding cities such as Coral Springs, Coconut Creek, Parkland, Plantation, Pembroke Pines, Margate, Miramar, Tamarac and Sunrise in Broward county to the cities of Boca Raton, Delray Beach and Boynton Beach in Palm Beach county. 

 As your dedicated Coral Springs Realtor, Short Sale Specialist, Keller Williams South Florida Real Estate Agent, Coral Springs Short Sale Realtor, South Florida Short Sale Realtor and CDPE Certified Distressed Property Expert, I'm ready to work hard for you.

 Real Estate Promises Delivered

I'm looking forward to hearing from you soon. Please call me at 954-464-1100 or email me at: lynnp@ImagineYourHouse and it would be my pleasure to help you!

Learn more about me and Coral Springs Real Estate as your Coral Springs Realtor and Coral Springs Short Sale Realtor 

 

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+LynnPineda

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great post short-sales do close if you have an experienced Realtor working with you to complete the transaction and a lot of patience.

Sep 11, 2010 12:12 PM
Wendy Rulnick
Rulnick Realty, Inc. - Destin, FL
"It's Wendy... It's Sold!"

Lynn - Who started those rumors that short sales don't close?  I know you are closing a ton!

Sep 11, 2010 12:20 PM
Lynn Pineda
eXp Realty - Boca Raton, FL
Real Estate Promises delivered in SE Florida

Hi Pat, thanks and yes, you've got it right

Hi Wendy, I'd like to say who started those rumors but I'll be polite for the moment. You are definately a REALTOR who knows what she's doing in Short Sales. The west coast of Florida is lucky to have you!

Sep 11, 2010 12:32 PM
Barbara Altieri
Better Homes and Gardens RE Shore and Country Properties - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Lynn -- there is such a stigma against short sales and probably rightly so.  All we hear is the bad -- they take months to close or don't close at all.  You are so right about having the right agent to help.  That is itself cuts the timeline down considerably. 

I have two right now headed for the closing table but another is giving me a lot of problems, primarily because of the high BPO where the agent did not even visit the house. He loved my marketing presentation! Subsequently, the lender countered over list!. There are a lot of other variables.  I will contact you offline about this. Perhaps you have experienced similar and can share your expertise. 

Sep 11, 2010 12:39 PM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Lynn -  I still hear that too.  Lots of times when people call on my listings they ask if its a short sale then get very negative when I tell them it is.  It's up to us to educate them.  Most of these people have heard from a friend of a friend that they NEVER close.

Sep 11, 2010 12:54 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Lynn

Great Post . . . . Short sales do close with a real estate professional at the helm.

Good luck and success.

Lou Ludwig

Sep 11, 2010 03:51 PM
Lynn Pineda
eXp Realty - Boca Raton, FL
Real Estate Promises delivered in SE Florida

Hi Jim, you're right, it's up to us to educate others and once they know that we are committed to helping them, they can see the benefit of a Short Sale. Best of luck to you!

Hi Lou, thanks again for your well wishes.

Sep 13, 2010 01:08 PM
Marsha Montoya Mayer
Paradise Properties of Florida, Inc. - Palm Beach, FL

With short sales your Realtor has to be knowledgable and determined.  Never, never give up!  I have one in the works since January 16th (9 months)...time to give birth.  It will soon because I don't give up.  Others hsve closed in 4 months, a few in less than 2 months.  But, they usually do close with the right Realtor.

Sep 17, 2010 04:54 PM
Lynn Pineda
eXp Realty - Boca Raton, FL
Real Estate Promises delivered in SE Florida

Hi Marsha, I'm with you...never, never give up as like minded Agents will take the Short Sale to closing!

Sep 20, 2010 11:46 AM