"What if I offer FULL PRICE for a SHORT SALE? Is it automatically approved? Will it go faster?" Suprisingly there are many buyers who do not understand the SHORT SALE process here in the Manchester NH area. A short sale is not like any other sale. A short sale is where the seller owes more than their home is worth, the sale then has to be approved by the sellers bank to sell for less.

Unfortanately offering full price may not have any affect on whether a short sale is approved. The key with asking prices is that the bank does not set an asking price. The Listing Agent does...The listing agent should assess what the home is worth in todays market and list it at or just below it. It is common for some inexperienced agents to list homes way below market price thinking they will attract more buyers. The problem is teh sellers bank will not usually aprove a sale that is not at or near market value.

Having a local, full time buyer agent who is well experienced in short sales can easily guide you through it.

AVOID OUT OF STATE AGENTS AND NEGIOTIATORS!!!!!!!!



CONCLUSION: As a Leading Listing Agent here in New Hampshire, I strive to offer my clients the best in personal and Professional service. Whether you are the seller, the buyer or another agent it is my goal to be the most helpful agent i can be. Treating Buyers and Other Agents with respect (Like i would want to be treated) is the only way to lead ones life and business. It keeps buyers and agents coming back as well as gets my listings sold quickly and at the best price obtainable.

In a Short Sale you often only have 1 chance to sell it correctly. Making a bad choice on who you list it with or waiting too long if the foreclsoure process has started can kill a short sale quickly. CALL ME FIRST for RESULTS!!!

Please call for a FREE MARKET ANALYSIS to let you know what the value of your home is.

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.

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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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13 Comments on Will a SHORT SALE get approved faster if I offer FULL PRICE?

JUL
24
1,450,994 Points 46 Featured Posts Outside Blog Called Shot Master

Good information for those thinking of buying a short sale.
5:15am • #1
389,842 Points Outside Blog

Well one only hopes the agent set the right price, on the other hand the market knows too or better.
5:18am • #2
702,618 Points 55 Featured Posts Outside Blog Called Shot Master

Thank you for the comment Gita, have a great day
5:27am • #3
702,618 Points 55 Featured Posts Outside Blog Called Shot Master

Winston that is true, often the market know better than some agents. Unfortanately placing an artificially low asking price can lead to rejection which leads to foreclosure for the home owner.
5:28am • #4
685,820 Points 22 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Short sales can be a hassle Scott, and setting an artificially low price just prolongs the agony.
7:11am • #5
702,618 Points 55 Featured Posts Outside Blog Called Shot Master

AL so true, i have had some great short sales as of late when they are done properly. But using an inexpereinced agent can lead to headaches.
7:15am • #6
275,890 Points 17 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

How many times have we seen this.  Sometimes what looks like an enticing price is just dooming the sale to failure.  If it looks too good to be true, it usually is.
7:42am • #7
702,618 Points 55 Featured Posts Outside Blog Called Shot Master

Kathryn I agree totally, thank you for yoru comments
8:47am • #8
726,281 Points 103 Featured Posts Outside Blog Called Shot Master

Hi Scott - That's a very important point about the listing agent setting the price. We're still seeing inexperienced agents setting unrealistically low prices, thinking that it will be good if they get a lot of offers. They do such a huge disservice to their sellers. A competent experienced agent who really understands how short sales work, such as yourself, is the key ingredient to a successful transaction.
10:16am • #9
1,440,051 Points 26 Featured Posts Outside Blog Called Shot Master

Good information for short sale buyers.  Unfortunately, too many short sale offerings never reach settlement.

Thanks for your re-blog of my post this morning.

Have an outstanding week with your camera in hand.
11:04am • #10
702,618 Points 55 Featured Posts Outside Blog Called Shot Master

Dick that is the best explanation i have heard. Inexpereinced agents cause additional pain and suffereing when these home owners get foreclosed on because the short sale was not handled properly.
11:45am • #11
702,618 Points 55 Featured Posts Outside Blog Called Shot Master

Roy too many never reach settlement that may have only if they used a local agents who was well experienced with short sales
11:46am • #12
1,516,497 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Don't get me started on buyers and Short Sales today.  There are so many misconceptions that buyers have that it's pathetic.
3:35pm • #13


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Scott Godzyk, One of Manchester NH's Leading Agents

Manchester, NH

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Godzyk Real Estate Services

Address: pob 4783, Manchester, NH, 03108

Office Phone: (603) 661-2121

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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 Sales, 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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