What is s Short Sales Specialist? Seems the two words Short and Sale are together everywhere....the funny thing is most people do not even know what it really is. In some cases the professionals are still in the dark as to what a short sale really is! First, as a professional with over 22 years experience in the mortgage banking business, a real estate investor and instructor, I want to make it perfectly CLEAR, Short Sales are for homeowners in distress, homeowners who have a legitimate hardship.
What is a hardship? There are many types of hardships. In today's economy many homeowners are being faced with loss of job or even their careers. In some cases divorce is a factor. In divorce, there are one of two possible ways to divide the real estate, a cash out buy out where one spouse buys out the other or sale of the property. With the prices of homes nearly everywhere in the country down couples are selling their home for less than what is owed on it and both are forced to move. One problem, hardship or not both will have to secure a new home and having a Short Sale on their credit will stop either spouse from purchasing a home for a minimum of 2 years!
Agents make sure your clients are qualified to sell their home. Sellers must be qualified to sell a home on a short pay off. Having a professional processing company can save you time and ensure you a smooth, quick transaction. The Short Sale Resolution Network, click here, can help with all your processing needs. For agents, we offer an educational class once a month to provided homeowners with only professional, caring agents in their area to help them make the right decision. Homeowners, we match you with several agents in your area to help you make the right choice as to who will be listing your home. Our processing department will be there every step of the way! Call us now at 866-844-6873
Home buyers, have you noticed all the listings showing as Short Sales, do you understand what that means to you? What for my next blog all about how to secure your offer on a short pay off! If you are a buyer, seller,r home owner, real estate agent or just any one with real estate questions free free contacting me at firstname.lastname@example.org. I am always ready to help you with all your real estate needs.