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Who Can Sell By Short Sale. Woodbridge Virginia Realtor Explains...
Seller Short Sale Tip #3.
Just because values are down and other homeowners in your area forced to sell by Short Sale,that does not give you the right to sell by Short Sale as well.
What promted this Tip for Peg was a conversation I had with a gentleman who was working in my neighborhood yesterday.He saw signs in my garage and realized I was a Realtor. He started his conversation by stating he owns a home locally and he was thinking he might what to sell his home by Short Sale. He stated that he was a little concerned with doing that since it would affect his credit. I said "well, yes it can affect your credit, however if your hardship is quickly addressed, it may only appear as a blip on the radar screen in relationship to your overall credit report history. So just trust that you can recover from that. It will take some work and patience on your part, but it can be done. I would be more than happy to assist you with the short sale if you need help. "He seemed unhappy with that answer. " So I gently probed further and asked , "what kind of hardship are you facing? ... more
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