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Turning No Into Yes for a West Sacramento Short Sale

By
Real Estate Agent with Elizabeth Anne Weintraub, Broker DRE #00697006

I am feeling motivated today to write an article for About.com on how to turn a short sale bank rejection into a short sale approval, if I haven't already composed such a piece. It's not like I can instantly remember everything I've done. I've got about 150 short sale articles as the Home Buying Expert now all about the finer aspects of short sales on that website.

Moreover, short sales are on the rise again in Sacramento, due to the adjustment of interest rates on all of those loan modifications. Without debt forgiveness or a principal reduction, most loan mods didn't fix anything. That's what people forget about when they wrongly believe that short sales are over because they're not. In fact, I closed two short sales in West Sacramento yesterday, and you can read about one of those in Closing the Escrows of Two Homes in West Sacramento. It's a story about how I turned a short sale denial into a short sale approval.

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Comments (3)

James Dray
Fathom Realty - Bentonville, AR

Good morning Elizabeth and congrats on the two closings.  Personally I just don't have the patience to deal with short sales... I'll leave that one up to you

Apr 18, 2015 07:50 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Nicely done Elizabeth.  When it comes to short sales, you know how to get the job done.

Apr 18, 2015 09:32 PM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

James Dray Thanks, James. I was happy that both homes were close to each other so I didn't have to drive from, say, Lincoln, which is 30 minutes north to Elk Grove, which is 30 minutes south. I cover a big territory selling homes in Sacramento.

Thanks for your vote of endorsement and confidence, Gabe Sanders .

Apr 20, 2015 12:45 AM