We are a nationwide network of Realtors® who are specialists in helping homeowners avoid foreclosure by working a short sale. Agents in our network work in a fiduciary relationship with their clients to protect their best interests. We are NOT a group of investors, we are NOT a mitigation company and we are NOT a short sale funding company. The purpose of this network is to not only create an outlet to offer uniformed training and membership programs, but more importantly to provide a resource for licensed likeminded agents around the country to network with each other and discuss tactics and strategies in order to better work short sales for their distressed upside down short sale clients.
Most importantly we are the only Specialist Short Sale Network, with the ability to effectively and legally: negotiate and list short sales nationwide and in any state throughout the nation!
Do you need to short sell your home?
Don't know what a short sale is? A short sale occurs when the value of a home is less than what is owed. This could be due to many causes, but frequently is a result of a rapidly declining housing market.
Short sales can be a way for homeowners to prevent foreclosure and get out from under their loan with the lender by settling.
What steps do I take in a short sale?
First, contact a Licensed and Experienced Certified Short Sale Specialist to determine the true market value of your home. For those whose finances are already strained, hiring a licensed appraiser may not be an option. Therefore, a qualified local REALTOR® that knows the current conditions of the subject real estate market is a smart way to get a reliable opinion of your home's value.
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Distressed homeowners who are upside down on their home loan and need relief fast turn to the experts at the Short Sale Center to guide them through the short sale process. Contact us today for a free consultation. |
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Next, determine your closing costs. The knowledgeable agents at Short Sale Center will consider fees including title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at the closing table.
Finally, we will pre-qualify you by collecting and preparing a financial statement, hardship statement, property schedule, third party authorization and release forms, short sale disclaimer, listing agreement, short sale addendum and a professional CMA (comparative market analysis) on your property. Once we have reviewed and collected the applicable documentation and determined that you are in fact qualified, then we will contact your lender and let them know of your situation, and report the short sale on your behalf. We will deal directly with the dedicated department that oversees short sales: determine their specific procedures in order to successfully close your short sale transaction. Some lenders may have in house programs which may be more suitable than others and we will make sure that you’re placed the right program.
They may be able to reduce how much you owe or make other arrangements. Your lender will have to approve the final sale.