To be a good candidate as a short sale buyer....You absolutely, positively, without a doubt
If you....Ms/Mr. Selling Agent have a sense that your buyer has some urgency....can't make arrangements for temporary housing, can't prolong a lease or close even earlier than anticipated (yes we DO have some short sales that close EARLY ) then do everyone a favor.....the seller, the listing agent, the title company, the lenders - for your buyer....the one or more for the sellers....do EVERYONE a favor and don't even write the offer.
Know this....everyone ELSE who chooses to be involved in a short sale transaction...has bothered to get to know the process, to make the investment to take the training...who is willing to prepare a package AND a closing file...one closing file that would have been 20 some pages is now a Short Sale package with over a hundred and sometimes over 200 pages of documented material...."gets it"....they know there is likely to a bump here or there..that the exact day could be earlier...could be a little bit later....leave your ego at the short sale door...
Short sales are never all about you....Mr./Mrs Buyer - Buyer's Agent....the process involves too many players to be all about any individual....If patience is not your virtue of choice....if you can't change your plans...can't go from hurry up to wait ....do everyone a favor who has hoped so much, who has worked so hard.....don't go there and leave the short sale buying to the buyers who have the flexibility and patience with a purchase and the understanding of the process.....Thank you !
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