Sometimes the numbers don’t even matter. Often times when a short sale is marketed properly there are an influx of good offers. While numbers are important, let’s be honest, financing can only go so high. If you choose a buyer with a really high financing offer, you run the risk of the home not appraising. So when choosing your agent and buyer often times the numbers are only a portion of the decision. The process can be long and tedious, but constant contact and a good choice of both agent and buyer will allow for flexibility, if necessary, upon conclusion of settlement. It’s important to consider the characteristics of the buyer:
•Do they have flexible financing?
•Do they have cash to put down?
•Are they a strong candidate and will they close by the bank deadline?
Again, a hardworking and knowledgeable short sales specialist can and should assist with selecting the right buyer. Choosing a buyer who understands the short sale process, is also critical.
Considering a short sale call Jennifer 916.230.3880. For 11 more potential short sale pitfalls get your FREE REPORT, SELLERS BEWARE at http://JenKlein.com
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