I All the best,
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Brandon Rimes, P.A.,C.N.E.
Certified Negotiation Expert
LaRosa Realty - Tampa Manager/Lead Recruiter
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also blog about this and other topics at
The process takes time but I can say I have personally had some of our short sale listings approved in as little a 2 weeks! http://myrtlebeachshortsaleteam.com/myrtle-beach-short-sale-
The skill level, process, and systems of the listing agent are very important. Average agent just isn't good enough, use and expert that has plenty of short sale experience and your odds of actually closing the deal go up greatly. Just because a short sale is listed for sale, doesn't mean the deal will ever close. Lots of factors come into play and you want the experts working for you on your side.
A Short Sale is a win-win solution for the home owner, the lender, and the buyer. The lender gets the highest price for a quick sale at the current market price. The borrowers get their credit restored and generally get relief from possible future legal actions and deficiency judgments.
Short Sales occur when borrowers sell their property for a sales price less than the amount owed to their lender(s) after all sales expenses, including brokerage fees, are taken into account. In order for this to take place the lender(s) must accept a discounted payoff; meaning the bank(s) gets paid less than the full loan amount owed. In a short sale, the homeowners get complete relief from all of their mortgage debt.
Just let us know if you have any questions, we are glad to assist you in any way.
Put our knowledge, and skill to work for you.
Jerry Pinkas Real Estate Team