Hello Julie.
I would be interested in working with you to help get your client out of this unfortunate situation.

I have done this with families before to keep them from going into foreclosure and had some stopped days before their home was to be sold on the courthouse steps. I have the solution! Together Julie, we can save your client and her credit. Please click on my name that is linked to my profile to see how committed I am to helping others.

Go to my website, http://www.shortsalemyhome.singlemombuyshomes.com/ to fill in your contact information and I call you back as soon as possible to answer all your questions. I look forward to hearing from you soon Julie.

Be at peace and prosper.

Mecshell Wright, District Manager/Investor
Home Buyer & Seller Solutions, Inc. http://www.SingleMomSellsHomes.com http://www.SingleMomBuysHomes.com http://www.SingleMomInvestments.com

There are specialist in short sales that is all they do. I have a few good team members that focus on that. I would suggest if you are interested to call me and I can give you their names. Lots of patience and expertise are needed to make a short sale work yet it can be worth it.
Kind Regards
Grace Frank

first, the home owner must prove to the bank that she is financial unable to pay the current mortgage. Just because she want to sell her house for less that what is owned is not up to her, its up to the lender.

She should call her lender, ask for a short sale packet, generally takes 2 - 3 weeks

Most lenders will not consider a short sale unless there is a purchase agreement on the table.

Julie - If you have never listed a short sale, you should get advice and/or assistance from someone who has. Your broker should be able to help or identify someone in your office who can help you. As real estate professionals, our code of ethics reminds us to do so! Best of luck - I'm looking at doing my first short sale liating, too, and have laready started discussions with the in-house expert!

http://Awww...wonderful short sales! Each bank/mortgage lender is different. But, yes, you can do a short sale provided you can get an offer turned in before the action on the courthouse steps. The lender will require permission in writing from your seller that you are working on the seller's behalf - otherwise they will not speak to you. You have to be diligent - and be creative to get to a live person with some of the lenders. Usually the property can be listed and then when you get a contract, that your seller approves, you forward it with a net sheet to the lender(s) for their approval.

Tell her that it is in her best interest to hire a real estate agent to assist with the short sale... she is not going to get anything and the bank is going to pay the agent....a HUD needs to be sent with an offer... we have a short sale packet that we have made up...but you can request one from the lender...The other person said if you are in foreclosure already you can't do a short sale... THAT IS WRONG. I have many people that have Lis Pendens filed and we are doing short sales. Short sales are just a process and they can be accomplished with good negotiating skills and STAYING ON TOP of it...(make those calls to the bank - if they are being unreasonable - tell them - ask the to order another BPO or appraisal) You can make a happy ending for your customer.

Good Morning!
If She is already in the foreclosure process it can't be changedin to a short sale. If the lender has not startet foreclosing She needs to request the short sale packet from the lender.