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Erica, Home Seller in Los Gatos, CA

My home just went into foreclosure what should I expect to pay my realtor.

Asked by Erica, Los Gatos, CA Mon Feb 4, 2008

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Erica
The truth is that a lender will NOT want to have your home foreclose. They would rather have you sell it as a short pay.
Please read my blog
http://activerain.com/blogsview/125091/How-The-Foreclosure-Process

A smart loss mitigation manager will know that to sell a home for top dollar in a buyer's market they need to pay ABOVE market commission. In most cases the small difference in commission is much less than a downward price adjustment.
Good luck
0 votes Thank Flag Link Mon Feb 4, 2008
Keith Sorem, Real Estate Pro in Glendale, CA
MVP'08
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