Posts Tagged ‘Sacramento Short Sales’

Seller Beware, 12 Common Short Sale Mistakes: #8 Inexperienced Realtor

One of the biggest decisions you make is the decision to purchase a home. Knowing that you are going to lose your home is devastating, second only to the decision to short sale. Facing off with an unfamiliar process in which it seems everyone is out to get you can be overwhelming. Having a Realtor who you can confide in and trust is extremely important.

Seller Beware, 12 Common Short Sale Mistakes: #7 Wrong Title Company

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.

Seller Beware, 12 Common Short Sale Mistakes: #6 Choosing the Wrong Buyer

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.

Understanding the Language of Real Estate

To the unfamiliar, it can often confuse and bewilder.

Fannie Mae and Freddie Mac. ARMS and APR. Clear title and Clouded title. Though these terms have special meaning to real estate professionals, they may often be meaningless to the consumer.

To help you better understand the language of real estate, the California Land Title Association has defined some of today’s most common real estate, lending and title terms.

Seller Beware, 12 Common Short Sale Mistakes: #4-Unclear Approach

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

Your agent must gather, send and manage the ENTIRE process, from the inception of the listing to the close and recording.

Seller Beware, 12 Common Short Sale Mistakes: #1-Incorrect Pricing

#1 of 12 Seller Beware! Short Sale Mistakes-Incorrect Pricing

Homeowner’s Insurance and how it can effect your Short Sale.

How does your Homeowner’s Insurance effect your Short Sale?

7 Things to Consider When purchasing a Short Sale… that your agent must know…

Buying a short sale can be tricky too, be sure your agent knows the answers to these questions for a successful close.

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