It Benefits Many When a Rocklin Short Sale Comes Together

By
Real Estate Agent with RE/MAX Gold DRE #00697006

There are some agents in Sacramento who don't respect sellers of short sales and treat them like tenants or squatters, which I've never really understood. When you're selling your home as a short sale, it means you are taking responsibility for the situation and not running away like a dog with your tail between your legs. Short sale sellers are very different from those who walk away in foreclosure.

It's good for the community to have a short sale, which beats a boarded-up foreclosure, especially when it brings in a new homeowner to love and care for the home. It's not that seller won't take care of a home as much as it is sometimes they don't have the money to maintain and fix up the home, especially if they can't make the mortgage payment.

Doing a short sale gives a seller a shot at a fresh slate. After a few years, the seller can probably buy another home. It takes more one more underwater home out of the neighborhood. You can read more about a recent short sale closing in my personal blog today at this link: Closing a Rocklin Short Sale With Ocwen and PNC.

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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.

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Topic:
Home Selling
Location:
California Placer County Rocklin
Groups:
Northern California Real Estate Professionals
California Short Sales, REO's, and Foreclosures
CALIFORNIA REAL ESTATE
Short Sales Specialists
Lyon Realtors
Tags:
rocklin short sale
ocwen short sale
rocklin short sale agent
pnc short sale
best sacramento short sale agent
short sale specialist in sacramento

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Rainmaker
684,604
Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

Short sales can benefit everyone involved in the transaction both the buyer and seller if the bank is willing to work with the seller; unfortunately, sometimes this does not happen.

Jul 27, 2015 02:28 AM #1
Rainmaker
2,189,557
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Pat Champion It happens on my short sales, though, because I choose the ones that are likely to happen. I qualify my sellers and the situations. Agents can feel confident if their buyers go into escrow on my short sale that it will close.

Jul 27, 2015 02:34 AM #2
Rainmaker
2,517,061
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Yep, I'd rather have a short-sale in my neighborhood than a foreclosure, any day of the week!

Jul 27, 2015 02:10 PM #3
Rainmaker
2,885,195
James Dray
Fathom Realty - Rogers, AR
Exceptional Agents, Outstanding Results

Good morning Elizabeth.  With all due respect I'll leave all those short sales to you.  I don't have the patience.  

Jul 27, 2015 08:02 PM #4
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Elizabeth.  That was a very happy ending.  I can picture the shocked look on the buyer when they saw how clean the home was.

Jul 27, 2015 08:58 PM #5
Ambassador
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Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Yes, nothing like a happy ending! Thanks for sharing this with us, Elizabeth.

Jul 27, 2015 11:36 PM #6
Rainmaker
2,189,557
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Myrl Jeffcoat Well, fortunately there are not as many short sales anymore, although I do seem to have my share.

James Dray But by not doing short sales, James, you miss making such an incredible difference in a person's life. I helped this guy go from being unemployed and rattling about a 5 bedroom house without furniture in the dark into owning his own home and being self employed, lifting the weight of years of debt from his shoulders.

Jul 28, 2015 01:42 AM #7
Rainmaker
2,189,557
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Conrad Allen Yes, I am happy it was so clean too. I told the guy, don't make the buyer mad at the buyer's agent. I will continue to use that line because it's true.

Barbara-Jo Roberts Berberi, MA, TRC - Greater Clearwater Florida Residential Real Estate Professional Well, we can't write about crappy stuff all of the time, now. :)

Jul 28, 2015 01:43 AM #8
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Congrats on the successful closing of that Rocklin Short Sale.  If anyone can close a Short Sale in the Sacramento area, it is you.

Jul 28, 2015 09:13 AM #9
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I agree it is an accomplishment and that it is no easy task. Many buyers doin't have the staying power, sellers get frustrated and just want to let it go to foreclosure and the agents are priceless in holding it together.

Jul 28, 2015 10:23 PM #10
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