http://www.trulia.com/voices/Home_Selling/NEED_MILITARY_REALTOR_FOR_SHORT_SALE_ADVICE-144557WHAT ARE THE OPTIONS FOR MILITARY CAPT. THAT HAS ORDERS TO MOVE BY AUG.06.09. HIS HOME IS IN SHORT SALE BUT NO OFFERS EVEN AFTER REDUCTION OF PRICE TO 54.00 PER SQ FT. IS THERE ASSISTANCE FOR THEM AND WHERE DO THEY GET IT? PLEASE HELP...RUNNING OUT OF TIMEen-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-Las_Vegas_NV-123361/http://www.trulia.com/voices/profile/Real_Estate_Pro-Las_Vegas_NV-123361/It's probably too late for this person, but the military has a special program that works similar to a short sale. It's call the "HAP" program, and it's funded through the DOD (Department of Defense). They basically cover the net loss to the bank. Similar to a short sale, but without the bank taking a loss. You'll have to do a little more checking with the DOD to see what you'll need to provide them, but that would probably be a good option for any military clients in this type of situation. Just for future reference. Michael Parks Michael@LVexperts.com 702-806-0909 www.soldbymichaelparks.comSun, 22 Nov 2009 09:52:31 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-Glendale_CA-54633/http://www.trulia.com/voices/profile/Real_Estate_Pro-Glendale_CA-54633/Allison If you are the L/A, and need an offer to start the approval process, without knowing the history, you simply lower the price every two weeks until you get an offer. It does not matter WHAT the price is. Is does matter that you can show the lender that you have diligently tried to market the property and are not leaving any money on the table. Good luck.Sat, 11 Jul 2009 08:55:39 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Las_Vegas_NV-139302/http://www.trulia.com/voices/profile/Real_Estate_Pro-Las_Vegas_NV-139302/Alison, You may find this info helpful. Good Luck. http://shortsalesr.us/short-sale-how-to/short-sales-and-the-military/Fri, 10 Jul 2009 21:32:47 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Las_Vegas_NV-189624/http://www.trulia.com/voices/profile/Real_Estate_Pro-Las_Vegas_NV-189624/Hi Alison: I am going to assume you are the listing agent of this property? Price reductions can only be one part of getting an offer on this property. You are dead in the water with the seller's lender until you have any offer. With over 80% of buyers online, EXPOSURE is key to selling the property. Evaluate how many and which websites on which the property is being marketed. Make sure you have as many good quality photos on the listing as possible. Also, grassroots marketing and networking is back. Try door knocking (ask the neighbors if they know anyone interested in moving to the neighborhood), open houses, etc. There are LOTS of buyers out there ready to buy - you need to be sure they are seeing this seller's house. Finally, are you getting lookers, but no offers? Re-evaluate how the property looks in person and in photos. Clean up the clutter, put on a lockbox instead of "appointment only" showings. Don't worry about hurting the seller's feelings. It's time to get really honest with them if something needs to be cleaned up. Follow up with every agent showing the property for really honest feedback from their buyers and let your seller's know their concerns. The home is not really in short sale status with his lender until you have an offer. You need an offer (even if it's a low one) for the bank to start their review process. I specialize in short sales in Las Vegas. There is no special program for military families that will bail them out. You simply need an offer for their lender to review. Please let me know if I can be of other assistance. Best of luck, Nichole LaVigne Prudential American Group Realtors 702-544-4022 nichole.lavigne@gmail.comFri, 10 Jul 2009 20:58:53 -0700