Rocklin Short Sale-Your Home is Priced Incorrectly
An incorrectly priced short sale is the most common mistake made, and the most common reason a Rocklin short sale doesn't sell. There is a specific pricing strategy that works to ensure a win-win sale for the seller, bank, and buyer.
First, a Rocklin short sale expert should go through a detailed listing price strategy with you, allowing you to see exactly where your property should be priced based on its current condition, sales in your area, and most importantly, how much time you have left to sell. The list price should be a good starting off point.
You should have an acceptable offer within 7 days. If no offer comes, your Rocklin short sale is priced too high and should be reduced $10,000.
Your Rocklin short sale needs be reduced $10,000, every 7 days, until you accept an offer.
Why does this short sale pricing strategy work? It prevents your Rocklin short sale from appearing stale to potential buyers. Buyers are reluctant to make an offer on a property that has been on the market a long period time without a price reduction. Also, the bank will appreciate the fact that you did not under price your short sale when it comes time to negotiate. Remember, the bank needs to net as much as possible to make the sale work. Finally, the sooner your Rocklin short sale expert can start negotiating your short sale with the bank, the sooner you can be relieved of the financial and emotional strain that a property with negative equity can bring.
To see if you qualify for a short sale, contact your Rocklin short sale expert.
Rocklin Short Sale-Your Home is Priced Incorrectly
Comments(3)