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Another Tip to Improve the Odds of your Short Sale being Apprroved

By
Real Estate Agent with REMAX All Star
St Petersburg FL – If you are selling your home, then ask the buyer to write a letter about why they want to purchase the home. If you are a buyer, then write that letter. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The listing agent will submit that letter along with the short sale paperwork. With a little luck that letter will help “grease the wheels” and cause the short sale to be approved faster. Short Sale negotiators are human beings. They have emotions that can be touched by a good story. These letters might sound like a joke, but they can make a huge difference. I’ve even seen home owners lose money on their sale because the liked a certain buyer over another one. In that case, the seller sold their home for several thousand dollars less to a buyer that they liked. The other buyer had been rude and the seller didn’t like them. If that made a difference when the seller was losing their own money, then think about the difference it will make to a short sale negotiator who isn’t losing their own money. Put a good story in your letter. Here are a few examples. You might say something like this: “We are a first time home buyer looking for our first home. We just want to move out of our cramped apartment and are looking forward to our first home where we can plant a garden.” Or, maybe it would be like this: “We have looked for a while and finally found this home on Elm Street that we love. We are selling our current home so we can buy a house with a yard. Our two boys, Tim and Julian, have been begging us for a swing set. We never had room in our old condo. If you approve our short sale offer, then we will finally be able to give them the large, fenced backyard they’ve always wanted with a swing set. We’ve already picked out the swing set plan and Tim and Julian are so excited about it. So, don’t approve the short sale offer for us, approve it for them.” See how I’m pulling the negotiator’s heartstrings. Unless your short sale negotiator is absolutely heartless, it will make a difference for you. 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 sbusse@msn.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 727 560 2222 Discover how other sellers successfully completed a short sale and request a free consultation by clicking here. Thinking about a loan modification? Our St Petersburg 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 for reading this, Steve Busse. Steve is a Real Estate Agent at Remax AllStar. St Petersburg Short Sales Realtor: Phone: 727 560 2222. sbusse@msn.com. View My homes for sale at . Steve Busse specializes in loan modification assistance and short sales in St Petersburg Florida. St Petersburg Loan Modification Help, St Petersburg Short Sales. St Petersburg Short Sale Realtor. , St Petersburg Short Sale Realtor. St Petersburg FL Short Sales. St Petersburg 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 Steve Busse's personal views and do not reflect the views of Remax AllStar. This information on Another tip to improve the odds of your short sale offer being approved is provided as a courtesy to our viewers to help them make informed decisions.

Comments(3)

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Kathy Denworth
BHHS Keys Real Estate - Islamorada, FL
Realtor in the Florida Keys, Islamorada, Key Largo

Is this a ReMax post? The exact same thing was posted about 5 minutes ago. You may want to check the blog list to see what other REMAX agents are posting. Even the picture it the same.

Jan 24, 2011 11:13 PM
Bill "Waz" Wasowicz
Wizards of Waz Real Estate - Maricopa, AZ

I realize that short sale negotiators are human beings (at least I think I do) but I also realize that they have hundreds of files on their desk and I question whether or not they will take the time to look at something that is not on their "checklist". I'm sure that if you have a unique relationship with a certain person that is reviewing the file this startegy might work. But the fcat remains that most of these "negotiators" have absolutley no authority to approve anything and are not very likley to to stick their neck out and forward on any such letters to the people that do.

Not a bad idea, I just don't think it will work.

Jan 24, 2011 11:23 PM
Tony Morganti
RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio - Cuyahoga Falls, OH
CRS, ABR, SRES - Cuyahoga Falls, Stow

I've seen this post before somewhere.  Also, I agree totally with Bill 'Waz.'

Jan 24, 2011 11:25 PM