Sellers, Don`t try to attempt to do a Short Sale by yourself!
Posted by The Scott Daniels Real Estate Group 2.0
Posted by The Scott Daniels Real Estate Group 2.0
Mar.03, 2008
The unimaginable has happened!
We received a call from a person who`s in alot of trouble with their home and is unable to make the next mortgage payment.
This person needs someones assistance but quite frankly believes they can contact the Banks,attorneys and begin the process of "Doing a Short Sale" by themselves!
The unimaginable has happened!
We received a call from a person who`s in alot of trouble with their home and is unable to make the next mortgage payment.
This person needs someones assistance but quite frankly believes they can contact the Banks,attorneys and begin the process of "Doing a Short Sale" by themselves!
As many FSBO`s will tell you selling a home isn`t easy under any circumstance, attempting to complete a "Short Sale" by yourself is dangerous and risky.
We offered this person our Professional help.It was our opinion, this person was already pushing the envelope by missing two mortgage payments, her concern was "Our Commission was too high".
We offered this person our Professional help.It was our opinion, this person was already pushing the envelope by missing two mortgage payments, her concern was "Our Commission was too high".
Now that`s one for the books, the person is caught between a rock and a hard place and all she can think of is our "fee" for helping her get out of this horrible situation. Real Estate brings out the best in some people, I guess!
I don`t know about you but, when I need someone`s help especially when it comes to doing something this complex I like to hire an expert. I don`t want to waste time, i want to make sure that I have the best person capable of doing the job!
I don`t know about you but, when I need someone`s help especially when it comes to doing something this complex I like to hire an expert. I don`t want to waste time, i want to make sure that I have the best person capable of doing the job!
Completing a "Short Sale" isn`t easy, it requires time,effort,patience and most of all a staff of professionals who along the way know how to deal with glitches that will definitely occur.
Back to the "Do-it yourself`er Short Seller", she explained to us that nobody would deal with her through the lender,no attorney would speak with her and the Realtors in her area aren`t comfortable dealing with this type of a sale!
Back to the "Do-it yourself`er Short Seller", she explained to us that nobody would deal with her through the lender,no attorney would speak with her and the Realtors in her area aren`t comfortable dealing with this type of a sale!
Yet, she`s calling us to speak to our attorneys, and refuses to sign a listing contract in order to proceed. The fact is "Time" is running out for this person and the doors are closing fast.
Attempting to deal with lending intuitions and selling your home when you`re in dire need to do so by yourself is a recipe in self destruction.
Attempting to deal with lending intuitions and selling your home when you`re in dire need to do so by yourself is a recipe in self destruction.
We wish this person the very best and pray that she awakes from her coma and seeks professionals who can save her from herself!
Please read the following articles on Short Sales as well:
Understanding how the lenders work in a Short Sale.
Attention: Investors or Home Owners. If you`re having problems dealing with mortgage payments there are alternatives
Please read the following articles on Short Sales as well:
Understanding how the lenders work in a Short Sale.
Attention: Investors or Home Owners. If you`re having problems dealing with mortgage payments there are alternatives
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