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Short Sales: How To Avoid Any Surprises When Selling A Short Sale

By
Real Estate Agent with United Realty Group


Miramar FL – Many agents and buyers are scared of short sales. Here is something that I do to make the short sale process easier for the home seller.

Before I start negotiations with your lender, I will order a complete title search. Here is why I do that. I want to know all the costs upfront, before I give the bank a number.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

If I don't do this, then the short sale lender will approve the short sale at a certain price. We can get to the closing table and discover there are unforeseen costs.

Then we have to go back and re-negotiate with the short sale lender. This can be tough because they already have a higher number in mind.

Sometimes you have to start the short sale negotiations all over again. That can delay the short sale by 2-3 months, if not longer.

This trips up many agents and causes them to bad mouth short sales. Extra costs can show up in the form of higher than expected Homeowner's Association Dues, Property Taxes, and other costs.

The title company will do a complete title search. They will get an estimated payoff from the Homeowner's Association, and estimate the payoff for the taxes.

Since I take this pre-caution I have found short sales to be easy and fun. Before you hire a short sale agent, ask them about the short sale process. If they don't mention this step, then consider finding a more experienced short sale agent.

Thinking about a short sale? I can help you short sale your property and never pay the bank another penny. Send me an e-mail at browardshortsales@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (954) 214-7806

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Miramar loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.


Thanks and God Bless...


Scott Auten, CDPE


Scott is a Real Estate Agent at Florida Elite Homes. Miramar Short Sales Realtor:


Phone: (954) 214-7806. browardshortsales@gmail.com.



Scott Auten specializes in loan modifications and short sales in Miramar Florida. Miramar Loan Modification Help. Miramar Short Sales. Miramar Short Sale Realtor. Short Sale Realtor. Miramar FL Short Sales. Miramar Realtor.

Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Scott Auten's personal views and do not reflect the views of Florida Elite Homes.

This information on Miramar Short Sales: How To Avoid Any Surprises When Selling A Short Sale is provided as a courtesy to our viewers to help them make informed decisions.
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Good point Scott. I do the same.  

Jan 05, 2011 07:38 AM