Why Do I Do Short Sales?

By
Real Estate Agent with Prime Real Estate

I have been asked by other agents why I do short sales.  I commonly hear they are such a hassle why bother. 

I bother because for the most part you have a home owner trapped in a terrible situation they are stuck between the rock and a hard place.  For instance I have a home owner that paid 4000 to an attorneys office for a loan modification and the only modification that they came up with was to modify her payment to 200.00 more than she already couldn't afford. So there she was out 4000.00 she had borrowed from a relative and still a bad situation.  The attorneys office recommended that she do a short sale then.

She is not one of those home owners whose home has 40 other liens on the property she has been a responsible person trying to juggle everything until she lost her job. With three kids and unemployment as her only income there was no room to cover everything.  Those darn kids insisted on food. 

This is why I do short sales I do not judge as I myself have been in that spot maybe not with a home but with other things.  I want to help find a solution to getting these people out of these stressful situations.

Are all situations like this no..... Of course there are the scammers but I have been fortunate enough to spot those and walk away.

Posted by

Valarie Kubacki

Prime Real Estate

(219)405-0577

www.nwihomes4sale.com

Serving all of Northwest Indiana

Porter County, Lake County, Jasper County, La Porte County, Newton County

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Tags:
short sales
valparaiso indiana
valparaiso real estate
valerie kubacki
valarie century 21
valparaiso foreclosures

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
908,388
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Valarie, just think if all agents said they wouldn't bother with short sales?  Short sales are most of the inventory in my area.  Sorry to hear about your client not getting a loan mod.  It always puzzles me when I hear the payment goes up instead of down.  Just don't get that.

Jan 29, 2011 08:36 PM #1
Ambassador
1,975,698
Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Valerie keep up the good fight for your clients.

Jan 29, 2011 08:40 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
35,189

Valarie Kubacki

Broker Associate, CDPE - 5Star
Ask me a question
*
*
*
*
Spam prevention