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Travis Waller
"Certified Distressed Property Expert, Certified Residential Specialist, Realtor"
- 4 Helpful Answers
- 9 Answers
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Profile Link:
Experience:
CDPE, CRS, Realtor for RE/MAX Advantage Plus
October 2001—present
My purpose is simple, to make the dream of homeownership a reality via education and…
... show more
My purpose is simple, to make the dream of homeownership a reality via education and…
Specialties:
Certified Distressed Property Expert, Certified Residential Specialist, Realtor
Certifications
& Awards:
& Awards:
NJAR Circle of Excellence, RE/MAX 100% Club
Interests:
The Lord, family, boxing, martial arts
About:
Travis C. Waller, Realtor
Certified Distressed Property Expert ... show more
Certified Distressed Property Expert ... show more
Travis Waller answered:
Yes, I had a seller who had never missed a payment, had great credit and income and the sale was approved. Reason; she was located to a different state because of her place of employment.
You don't have to have the horror story to complete a successful short sale, but there must be a serious reason for the possible hardship or potential hardship. Some examples are;
1. Military
2. Employment
3. Death
4. Health related
5. Divorce
Remember, you as the listing agent must find the true reason why they are selling there home hoping to get a short sale. If they can't prove why this home must be sold via hardship letter, financials, etc., the banks wont approve.
You don't have to have the horror story to complete a successful short sale, but there must be a serious reason for the possible hardship or potential hardship. Some examples are;
1. Military
2. Employment
3. Death
4. Health related
5. Divorce
Remember, you as the listing agent must find the true reason why they are selling there home hoping to get a short sale. If they can't prove why this home must be sold via hardship letter, financials, etc., the banks wont approve.
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