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Roland Lorans Team - 770-866-2561

Sell My House Fast GA Home Selling Expert TEAM

By Roland Lorans | Agent in Dacula, GA

Suwanee GA Short Sale Realtor - More Common Short Sale Myths 3 and 4

Suwanee GA Short Sale Realtor - More Common Short Sale Myths

Myth #3: A Short Sale will take 8-12 months and can drag out even longer. This is the case when the person you are dealing with doesn’t know what they are doing. Our short sales average 45 to 120 days. We do these every day, day in and day out. In fact, we have done over 27 short sales with banks ranging from Chase to Countrywide to Wachovia. The difference between dealing with someone who knows what they’re doing is this. It’s like the difference between hiring a top dog lawyer for a lawsuit versus hiring your friend who isn’t a lawyer.

When we work with you we will handle everything and do all the work. All you have to do is provide us with basic documents and that’s it. We will call the bank, handle the negotiations, and keep you updated as to what’s going on.  

Myth #4: Banks and lenders rarely accept short sales. We are able to get short sales accepted most of the time. Here’s why your bank may have already told you they will only take X amount.  But, let’s say someone owed you a lot of money and they wanted to pay you only half of what they owe. What would you say? You’d probably tell them to pay you the full amount, right? But, if the person came to you with cash and told you they just simply could not afford to pay you any more, what would you do? You’d probably accept whatever you could get, right? Well, it’s the same way with a bank.

The banks often tell you they won’t take a short sale. The reason is because they want you to pay them the full amount. Or, they want to get you to agree to pay them monthly for the rest of your life.   

Loan modification and short sale services to avoid foreclosure, lower mortgage payments, reduce principle balances, re-structure mortgages, avoid bankruptcy .
   Contact Us Today! The Consultation is Free:

 Roland Lorans TEAM

Keller Williams Realty 
Atlanta Partners

24/7 Direct: 770-866-2561

Fax: (678) 262.2363


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By Jason Grandon,  Thu Aug 26 2010, 18:19
GOOD POINTS....People if you are going to do a SHORT SALE...Make sure the agent , title and lender are experienced. Do not be afraid to ask. This will make a world of difference.
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