Short Sale Offers; How to Make a Decent One Bottom line, if you’ve found your dream home and you’re getting it at a bargain price, don’t let impatience or arrogance get in the way. Short sales may be around for a while, but you don’t want your dream home to get away.

Tips for Tampa Bay Short Sales Despite the efforts of financial institutions to standardize the short sale process, idiosyncrasies abound; a seasoned short sale agent will know how to work each lender’s system to your advantage and will act as your true liaison. When you’re working against a ticking clock you need knowledge and a spokesperson at your side.

Short Sale Eligibility The process needs to be initiated in the pre-foreclosure phase which begins with the first mortgage payment default. The foreclosure timeline in your state starts the clock against how long you have to list the home, find the buyer, and get the sale approved by the lender.

How do you do a Short Sale? The foreclosing lender would like to see that every effort has been made to become current on the mortgage or sell the property on the open market. They want to see that it is listed with a dis-interested 3rd party(more…)