Important Tip to Consider when Listing a Short Sale
by Veronica Cabrera
April, 19 2012
Short-sales are complicated, yet the majority of the transactions on the current market are Short-sales.
Buyers are expecting to get a better deal when they consider a property that is in Short-sale, and it make senses!
In a Short-sale purchase, neither the lender nor the homeowner will make any repairs or maintenance on the property for the buyer.
The Buyer will have to waive any termite repairs and home warranties.
In many cases the property is abandoned, or in very poor condition due to the lack of the owner's motivation to sell.
Yet we, as Realtors, are asked to sell it at the highest value possible. Although, selling a property on Short-sale is more of a challenge. As an expert agent you have the responsibility to manage the situation and proceed in a way that everybody is satified at the transactions conclusion. Owners have to sell it and buyers need a good deal.
Lenders try to liquidate the investment and realtors have to do the job right to make it happen.
Veronica Cabrera, Realtor
Realty ONE Group
Huntington Beach, Riverside, San Bernardino, CA
veronicasreohomes.com
(714) 809-6521
R.E. Lic. #0143140
