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7 Things Every Home Buyer Should Know About a Rancho Cucamonga Short Sale
1. Don't make lowball offers on a Rancho Cucamonga Short Sales. Lenders don't have time to play games.  Typically Lenders follow guidelines and want to net at least 85% of the home's fair market value.  Buyers educated to today's market know that lowball offers, asking for more than 3% in Buyer's Closing Cost will be rejected and in this multiple offer environment they may not have the opportunity to make a counteroffer.
2. That's why the Buyer's Agents experience is crucial.  However, your Agent has to be knowledgeable enough to guide you in drafting a successful Short Sale offer strategy.  But it's going to be equally crucial for you to follow their advice and not listen to Uncle Bob who use to sell real estate 5 years ago in a very different market environment or Late Night infomercials that use strategies from another market area. 
3. The Listing Agent's experience is even more crucial. It's up to the Listing Agent to know how to submit a complete Short Sale package, along with your offer, to the Lender(s). If this isn't done in a timely, methodic way with the correct documents from the Seller then your offer has little chance of success no ... more

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