With SHORT SALES making up a good percentage of Listings, Buyers and even their agents are very confused on the "Right Way" on how to buy one. Most agents run the other way where it does not have to be that way. The problem starts when Home Owners have chosen the "wrong" agent to handle the sale. Buyers are affected as their purchase is usually rejected when the Listing Agent can not get the sale approved.
Now with that said there are some WELL Experienced agents Listing Short Sales and getting them approved fairly quickly. You as the buyer can take some steps to help get your offer approved by the Sellers Bank. 
THE WRONG WAY
1. Make a LOW BALL OFFER
2. Ask the seller to fix everything in sight.
3. Try and make the sellers bank give an quickly by telling them your offers expires in 30 days.
4. Do not include a pre-qualifciation letter with your offer.
5. Demand to move in right away
THE RIGHT WAY
1. Hire a Buyer Broker who is well experienced in the short sale process
2. Get pre-approved BEFORE looking at homes
3. Find out if the house in is in foreclosure, if so - you may want to avoid it.
4. Never base any offer on an asking price. Assess what the house is worth and base your offer on that less any needed repairs.
5. Try to inspect prior to making an offer. Include a credit for repairs needed in your initial offer.
6. Do not try and renegotiate after the bank accepts the short sale
7. Have patience and 2-3 months to wait to close as it may take that long
8. If you have no patience or need to close quickly, a short sale may not be for you
9. Be ready to close in 30 days from when the back approves the short sale
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IN CONCLUSION If you owe more than your house is worth, if you are behind in your payments or if you have to move. A Short Sale could be for you. The most important tips is to list with an agent who is well experienced in listing, negotiating and selling Short Sales. If you live in NH, call me first. I use a professional negotiator that works on the sellers behalf when negiotiating with the bank at no cost to you. Most often the home owner can complete a short sale at no cost to them.
It does not take magic to turn your "For Sale" sign into a "Sold" sign. it takes a full time Local Agent who specializes in Listing homes like yours.
* WE NEED HOMES TO SELL!!!! IF YOU ARE THINKING ABOUT SELLING YOUR HOME? NOW IS THE TIME!!!!!
* WE OFFER A FREE MARKET ANALYSIS to let you know what your home is worth in Today's Market.
If you need to sell your home and you owe more than your house is worth, i may be able to help. I specialize in working with home owners to get your home sold. There are many options such as a short sale whcih may be able to help you.
Please try and avoid out of state or out of town agents and companies that make "out of this world promises". We are local agents with experience who never charge any up front fees. WE GET RESULTS!!!
We stand by you through every step in selling your home.
PLEASE SEE MY "TOP" TIPS FOR BUYING A HOME
PLEASE SEE MY "TOP" TIPS FOR SELLING A HOME
ONE OF NEW HAMPSHIRE'S LEADING AGENTS FOR SHORT SALES AND BANK OWNED HOMES...
If you are Looking for a Real Estate Agent you have come to the right place. Scott Godzyk is a Full Time and Local agent ready to serve all of your Real Estate needs through each step of the buying or selling process. We are proud to be locally owned and operated.
If you owe more than your house is worth, If you are behind in your payments, I may be able to help. Call me to find out how you may be able to sell your home at no additional cost to you.
Scott Godzyk is the Owner/Broker of The Godzyk Real Estate Services located in Manchester NH. With 25 years of Real Estate experience Scott specializes in Listing and Selling Bank Owned Homes, Short Ssles, Residential Properties, Condominiums, New Construction and Investment Properties. Scott services the counties of Hillsborough, Merrimack, Rockingham and Belknap. To contact Scott Godzyk please call 603-661-2121 or email sctprop@aol.com. his website is www.ScottSellsNH.com.
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