Which Banks are Good and Bad to work with on Short Sales?
My team and I have created a White and Black List to itemize which lenders we will not work with and which banks are easy to work with.Â Having completedÂ dozens of short sales, we have created this list by first hand experience.
Also on the lists are tips on how the specific lenders work.Â What guidelines they may have and a estimated timeline for approval.Â Will your lien holder give you a full release on the short sale???Â They might not, I know who will and who will not.Â Â Again, the data is based on experience.Â
If you are late on your payment and youÂ have a auction date set...Isn't important that you hire somebody who will know how to succeed in short sales?Â Most consumers have one opportunityÂ to salvage the home and sell before it forecloses.Â Do not hire an agent without interviewing and asking about their experience in short sales.
To set up an interview and see if your bank is cooperative with short sales call Â Danny DimasÂ Â of Team Danny D, Â 650-400-7670.
Team Danny D
Short Sale & REO Pro