Sunday, November 1, 2009
Need Help with a Short Sale ??????
You want to use the best REALTOR in the best situation and you want to make sure that they are knowledgeable of the short sale process. Whether they're negotiating the short sale or an investor is negotiating the short sale, everyone better know what's going on because when a person makes an offer to buy the house you may not even have the approval to get it yourself from the bank. That's what you are doing when you are marketing the sell while you are attempting to buy. You may still be working on getting your approval from the bank so you have to have a REALTOR that's understanding of that, and can communicate those messages appropriately to buyers. It's important to have an open line of communication and as the ball moves down the field in the loss mitigation department, the REALTOR can apply more pressure to those who are walking through the house. You need to use REALTORS but you need to use them intelligently and make sure you are working with REALTORS that understand short sales.
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