There are a lot of factors to consider when doing a short sale, and oh boy it's a long list. I wrote down some thoughts this morning on short sales on my website (link below).
While these sales are a much smaller % of the total Denver metro market at present, these are still important deals in the sense that we as agents have a responsiblity to help homeowners through these difficult deals where we can, and offer them all options:
I plan to write more articles in 2014, and in these brief posts just cover issues with a broad brush. Every deal is different, every bank is different and every seller deserves to know what they can do to prevent foreclosure in different situations...there's no substiute for sitting down with folks and hearing their story before offering any advice.
Thanks in advance for visiting the link above...
Keelan McCamey, MBA, Realtor, CDPE