Please se emy blog with a complete list of tips and advice on how to get a short sale offer approved
Just let me know - be happy to help !!
Jamin M Jones
New Hampshire Home Inspector NH Lic#280
SS are waiting games.
Dont expect the SS bank too approve a offer so low they laugh. and yes they do laugh.
Banks need to get a minimum on each house. and in most cases it is MORE they ppl will offer.
You â€œfeel the valueâ€. What the heck does that mean? Do you have statistical verification of your â€œfeelingâ€? Are you working with a local Realtor who is familiar with short sales and can guide you in the proper approach to determining the right range for an offer on this property? Short sales are not for the timid or the impatient. I suggest that you get a professional on your sideâ€¦a Realtor...so that you can best understand the market, pricing, short sales and the proper strategy for achieving your goal.
And best of allâ€¦the seller pays your Realtorâ€™s commission. What a good deal! Professional help and someone else pays!
One can make any offer they like on a property........and the seller can simply reject it.
The reality of a "short sale" is that you need to have agreement on the price from two entities....the current home owner AND their lender. The best or most successful offers are those that are an accurate reflection of the current local real estate market activity.
Our recommendation for determining the reality of your offer is to work with a real estate professional in generating information that supports your offer that can be presented to the bank with your offer.