I just simply explain the definition and process to them. If you're not doing a lot of short sales, you may not understand the process yourself. You can always call the negotiation company I use and they will explain the process to your client for you. You can call them at 561-361-1909 or visit www.shortsaledepartment.com.
Feel free to call me with any questions.
Amy Givoni, Broker
Givoni Realty Corp.
Real Estate values in Montville have declined by 23.4% since the peak of the market in 2006. Properties today are worth about the same as they were back in 2003-2004. Most likely the value is now equivilent.
B.S. Real Estate & Urban Economics (UConn)