What is a Short Sale?
A short sale, also called "Short Pay" or "Pay Off", is a transaction that allows for the sale of a property for an amount that is less than the amount that is owed to the lender. The bank in return may accept the proceeds as full settlement of the debt.
What is Necessary from a Successful Short Sale Negotiator?
• Sophisticated Financial Knowledge
• Strong relationships with lenders and Understanding the Lender's Language
• Proven Track Record
• Time, time and more time
• Accurate Paperwork
• Experience
• Legal Knowledge
• Negotiation Skills
• Strong Supportive Administration
• Legal Knowledge
• Aiming for a Win/Win Solution for All Parties Involved
• High Success Rate
Avoid the Time and Frustration of Tough Negotiations with Lenders
www.remaxann.com for more info or call 714-588-7676
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