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Hurdles to getting a short sale approved

By
Real Estate Broker/Owner 01293735 CA

1. appraisal

2. real hardship on part of seller

3. complete financial package submitted by buyers

4. buyer and seller need alot of patience

5. negotiator needs to be on board to make it happen

6. seller resistance

Posted by

 LORI BOWERS

http://www.loribowers.com

The Lori Bowers Group

A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs

La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.

78120 Calle Estado Suite 103

Old Town La Quinta

La Quinta, CA 92253

Phone: (760)8311595• Fax: (760)771-5327

Andrew Capelli
Troy, MI

Lori: Great list, and very true.  I'd add to that, or at least have a caveat- Only work with legitimate short sale processors.  Never use a third-party company that wants to charge a fee up-front to negotiate the short sale.  Thanks for sharing!

Apr 27, 2012 02:50 AM
MaryKay Shumway
The Kellstrom Ray Agency, Inc. (Est. 1948) - Sister Bay, WI
Door County Wisconsin's Real Estate Expert

I had the most difficult seller on a short sale ever, so this list is great!  Thanks for sharing.

Apr 27, 2012 03:04 AM