Rocklin Short Sale Specialist - How to Pick the Right Offer on Your Rocklin Short Sale

Rocklin Short Sale Specialist– As a short sale specialist in Rocklin, CA, I can tell you that many buyers are uneducated about the process and think they set the rules. That's simply not the case.

You, the seller, sets the rules. After all, you still own the property. But, more importantly, you must set the rules for offers. If you don't then you dramatically reduce your odds of successfully completing a Rocklin Short Sale.

Here is what you should consider before you take your home off the market.

1. You should only accept and work with one offer at a time. Accepting more than one offer at a time only confuses the Bank. Also, the highest offer price is not always the best offer.

2. You should make sure the buyer is approved for a loan. We need a written letter from preferably a Direct Lender, stating the buyer's assets and income have been verified, and the loan has been approved by at least Desktop Underwriting. It is stronger if the loan has been reviewed by a Human Underwriter.

3. We recommend that the buyer commits to purchasing the property in "As-Is" condition, without repair. If any unexpected problems come up (and they do), the buyer should be ready and willing to repair any lender required items. Properties in Fair to Poor condition are likely to be Cash Only sales.

4. The buyer agrees to wait the necessary 60-90 days for Rocklin Short Sale Approval. That time will depend on the Bank, Investor, Mortgage Insurance etc.Rocklin Short Sales with 2 or more lien holders may take longer.

5. The buyer should put a reasonable deposit in escrow and commit for 60 to 90 days, depending on the lien holder(s) involved to keep them committed for the necessary time required for your Short Sale in Rocklin to be approved. The goal is to put ONE offer in and close the short sale. There should be a penalty if a buyer cancels their offer on your Rocklin Short Sale before the negotiation period is up. Ask me how this works.

These items are crucial for a successful short sale in Rocklin. If we don't have a committed buyer then we are wasting our time.

Many buyers and their agents think that since a property is a short sale, then offers can be treated very casually. For a seller trying to avoid foreclosure, this can be devastating. A committed buyer and a strong contract with some "teeth" can prevent this from happening.

Helping someone avoid foreclosure is very serious and should not be treated lightly. That's why I am so passionate about short sales. Thinking about a short sale?

I can help you short sale your Rocklin home and avoid the devastation of foreclosure. Send me an e-mail at mdpeek@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 (916) 580-6084

Thanks for reading this, Mark Peek.

Mark Peek is the Short Sale Specialist Real Estate Agent at Keller Williams Realty. Rocklin Short Sale Specialist:

Phone: (916) 580-6084. mdpeek@gmail.com.

"Know Your Options"

View My homes for sale at www.BuyorSellinFolsomLake.com.

Mark Peek specializes in short sales in Roseville, Rocklin, Lincoln, Granite Bay, Sacramento, and surrounding areas. Rocklin Short Sale. Rocklin Short Sale Realtor. Rocklin Short Sale Agent. Short Sale Rocklin CA. Rocklin Real Estate. Rocklin Short Sale Specialist.

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 Mark Peek's personal views and do not reflect the views of Keller Williams Realty on a Rocklin Short Sale Specialist.

This information on Rocklin Short Sale Specialist - How to Pick the Right Offer on Your Rocklin Short Sale is provided as a courtesy to our viewers to help them make informed decisions on a Rocklin Short Sale Specialist.