I like to say “leave it to the experts,” especially when referring to the proper title company. A title company that knows the banks expectations and full scope of the sales process can foresee possible hurdles(i.e. taxes, utilities, HOA, liens, etc.) which will help seal a deal quickly.
Archive for the ‘Real Life Stories’ Category
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Seller Beware, 12 Common Short Sale Mistakes: #5 Incorrect or Incomplete Information to the Seller
January 26th, 2010 
admin Often a seller is not fully briefed on the expectations and process of a Sacramento Short Sale. There are items within the sale of the home that must be maintained throughout the selling process.
Seller Beware, 12 Common Short Sale Mistakes: #4-Unclear Approach
January 25th, 2010 admin When managing the file your agent must have a game plan for approaching the bank. Every situation is different and must be conveyed clearly and concisely. This is often conveyed in the sellers hardship letter. For example if you have suffered a financial loss or pay decrease, you may not approach it the same as [...]
Seller Beware, 12 Common Short Sale Mistakes: #3-Bad Management of Process
January 22nd, 2010 admin Your agent must gather, send and manage the ENTIRE process, from the inception of the listing to the close and recording.
Homeowner’s Insurance and how it can effect your Short Sale.
January 13th, 2010 admin How does your Homeowner’s Insurance effect your Short Sale?
7 Things to Consider When purchasing a Short Sale… that your agent must know…
January 12th, 2010 admin Buying a short sale can be tricky too, be sure your agent knows the answers to these questions for a successful close.
Bank of America’s New Equator (REO Trans) experience…
January 11th, 2010 admin Last week Bank of America announced the new online Short Sale management system, Equator. Which to people might mean speedier more up to date management of data. The system was originally used as REO Trans to manage REO (bank owned) properties and now has been adapted to accommodate Short Sales. While it’s too early in [...]
