The Short Sale Process. The first step is to find out if a short sale is an available option for you. Then the property is put into the market, and the Hardship Package is given to the lender. When an offer is received it is submitted to the lender. If the lender approves the offer, the file moves to closing
A short sale has the potential to become very complicated. Lenders prefer to deal with a realtor instead of with the buyer. As a real estate agent, my team and I am very persistent and patient with the short sale, using my abundant amount of experience to make the process as smooth as possible. There is no cost for professional representation! The lender covers the costs of the real estate commission. Make sure a qualified real estate professional is representing you!
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