Tag Archives: short sale

The #1 Factor to Successfully Completing a Real Estate Short Sale

One of the most important factors of completing a short sale successfully is Managing Seller Expectations. Whether you are a real estate agent or a real estate investor, upon initial contact with a potential seller, you must set proper expectations up front! What I mean by that is you need to immediately let them know [...]

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UPDATE! Bank of America’s Short Sale Guidelines Have Changed

For those of you that have been doing lots of short sales lately, you’re likely aware that many second mortgages are requesting a minimum of 10% in order to agree to a short sale.  Bank of America is no exception to this.  They are now one of the lenders that request a minimum of 10%, [...]

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The 3 Biggest Misconceptions that Real Estate Agents have about Short Sale Listings

First of all, “yes” some short sales take long to sell and “yes” some short sale listings can be frustrating.  But let me tell you this; not all are created equal! With a little patience and a little creativity you can overcome some of the shortcomings of listing pre-foreclosure/short sale properties and make a lot [...]

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Short Sale Video Documentary Series – Part 1

We are doing a video documentary series on an actual short sale from the start of the short sale process all the way to the end. We are starting this video series (part #1) with the seller already on board and ready to sell their property. As you will see in this 1st video, we [...]

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