One of the most frustrating things for us as your REALTOR is when a homeowner calls to try and short sale their house but they have already received the notice for auction. Once you have a date for the house to be sold on the court house steps it is very difficult to assist you, the homeowner.
Why is that? Well, the short sale process is anything but short and most banks won’t deal with the actual “package” for a short sale until there is a contract on the house. This means the house has to be listed with us (or another REALTOR) and actively marketed in order to achieve a contract.
In addition, your REALTOR MUST be experienced at short sales and know what needs to be done for a short sale or it will not happen. Short sales are very different than foreclosures and require considerable paperwork and follow up and if the agent does not understand the process they cannot properly assist you. This is not just faxing a contract to the bank.
If you would like a free, confidential consultation please click the link below and we will contact you to discuss your options. We are not going to mis-lead you or promise you something we cannot achieve but please call us as soon as you think you are going to have difficulty with your mortgage so we can best assist you. Once you get to the “11th hour” our hands are pretty much tied.
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Talk To Carol!
Carol Moson, REALTOR
RE/MAX Greater Atlanta
ABR (Accredited Buyers Broker)
CRS (Certified Residential Specialist)
SRS (Seller Resource Certified)
SFR (Short Sale and Foreclosure Resource)
EAH (Employer Assisted Housing)