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4 Keys To Successfully Buying A Antioch CA Short Sale

By
Real Estate Broker/Owner with Thompson Realty Group DRE# 01229754

 

 


Antioch CA – Buying a Short Sales can be a great way to get a good deal on your home purchase. However, you need to be aware of what is involved with buying a short sale.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Here are four things that will give you a better chance at success.

1. You must work with an agent that understands the short sale process. If your agent doesn’t understand the process, then they won’t know which short sales are worth looking at and which to avoid.

2. You must be pre-approved for a loan with a reputable lender. The short sale lender will want to know that you are qualified to buy before they will approve the short sale.

3. You must understand that not every property can be bought for below market value. This is especially true if you are buying a home where the seller’s agent is not experienced with short sales.

The short sale lender is a business and wants to recoup the most money from their investment. The entire reason for the short sale approval process is to protect their investment.

4. Be prepared to wait 3-4 months to buy the home. In my opinion, if you wait past 4 months, then the seller’s agent doesn’t know what they are doing.

It is unlikely that they will be able to convince the lender to approve the short sale, even if you give them another 3-4 months.

Between you and me, anyone who says that their last short sale took 8 months doesn’t know what they are doing. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at shonntsellshomes@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 925-754-1611

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

Thinking about a loan modification? Our Antioch 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, Shonn Thompson.

Shonn is a Real Estate Agent at Better Homes Realty. Antioch Short Sales Realtor:

Phone: 925-754-1611. shonntsellshomes@gmail.com.

Experience and Results That Will Move You!

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

Shonn Thompson specializes in loan modification assistance and short sales in Antioch California Antioch Loan Modification Help, Antioch Short Sales. Antioch Short Sale Realtors. Pittsburg Loan Modification Help, Pittsburg Short Sales, Pittsburg Short Sale Realtor Brentwood Loan Modification Help, Brentwood Short Sales, Brentwood Short Sale Realtor Antioch CA Short Sales. Antioch Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Shonn Thompson, Better Homes Realty, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

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.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Shonn’s personal views and do not reflect the views of Better Homes Realty.

 

This information on 4 Keys To Successfully Buying A Antioch Short Sale is provided as a courtesy to our viewers to help them make informed decisions.

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Shonn, that's a good start.  let's hope that they don't run into too many more.

Feb 22, 2012 02:46 PM