Just got a short sale approval with Citi Bank for this adorable Elk Grove short sale. This house on Chesterbrook Drive is a 3 bedroom, 2 bath with 1,500 square feet and lots of nice upgrades. It’s bank approved for $177,500. The buyer is so excited to score this house in a very competitive market and the seller is relieved she can sell for less than is owed. This short sale is really a win-win for both parties involved.
As an Elk Grove short sale agent, I’ve successfully worked with just about every bank to get short sales approved for my clients. I usually get short sales approved in 60-90 days. I’ve had some short sale approvals in just a week or so. This short sale took 8 months! I found Citi to be on the unorganized side. There wasn’t a main point of contact so I was working with several different people who were not really communicating with each other. I think this could have been this particular short sale (which involved a difficult hardship) so I’m confident all Citi short sales don’t take 8 months!
If you have a short sale questions, I’m here to help. Or, you can see if you qualify to sell your Elk Grove home as a short sale.
Citi Short Sale in Elk Grove – Approved with Agent Allan Sanchez
Guild Mortgage Short Sale – Approved Short Sale in Lincoln
I love starting off the morning with a short sale approval! I just got an approval letter from Guild Mortgage on this Lincoln short sale. Guild is a reasonable lender when it comes to short sales getting approved. They assigned a competent negotiator pretty early on in the short sale process. Paired with my short sale system, we were able to get the approval in about 6 weeks from the time I submitted the buyers offer…not bad!
This short sale approval is especially sweet for the sellers. Last year they tried to short sale their home with a different Lincoln real estate agent and were unsuccessful. That’s because short sales are so different from traditional sales and most real estate agents don’t have the experience to negotiate them. Different banks have different short sale requirements. If you are thinking about short selling your home, make sure you choose an agent who specializes in short sales for the best chance at success.
This Lincoln short sale is truly a win-win for everyone. The seller got a job transfer and had to relocate making it impossible to keep the home. The buyer is so excited to be getting this home. She has been house hunting and submitting offers for quite awhile but in this very competitive real estate market, it’s been difficult. Now she’s got a great house at a really good price. Even the bank wins in a short sale compared to a foreclosure which is much more expensive and time consuming for the them.
If you have questions about a Guild Mortgage short sale, or any other lenders for that matter, or you are curious about the short sale process, let me know. I’m always here to answer your questions and help you make a good decision.
Guild Mortgage Short Sale – Approved Short Sale in Lincoln
Just got the good news from ASC Mortgage that this Granite Bay short sale is approved! It took me about 2 months to negotiate the terms of this short sale. The seller is very relieved and the buyer is super grateful to be able to turns this Granite Bay home into their own.
There are all kinds of reasons that people short sale. Everything from job loss or reduction of hours to health reasons and transfers. The bottom line is, LIFE HAPPENS! The economy has made all of our homes less valuable but life doesn’t stand still in housing bust and sometimes, people need to move. That was definitely the case with this Granite Bay short sale.
Short sales are very different from traditional sales because the bank must approve all terms in the sale. This process is overwhelming for most real estate agents as there are often road blocks. It’s easy for agents and sellers to become discouraged during the process. That’s why it’s very important to use an experienced Granite Bay short sale agent if you are thinking about selling your home as a short sale. Agents who specialize in short sales trudge on despite being told no by the banks. They know how best to present a short sale offer, negotiate on behalf of the seller, and tweak the file to please the short sale lender.
For the best chance at short sale success, use a Granite Bay short sale agent. See if you qualify to sell your Granite Bay home as a short sale. Have a question….feel free to ask…I’m here!
Granite Bay Short Sale Approved with ASC Mortgage
It’s been an awesome week for my Elk Grove short sales! Three approvals lately with banks like Bank of America, Patelco, and even a short sale approval from CalVet. Short sale approval day is my favorite day because that means the hard work of negotiating, paperwork, and bending over backward for the bank is behind me. Once I get an approval, it’s real estate business as usual and I can close the short sale much like a regular sale.
Short sales are very different from traditional sales. In a short sale, the bank has to issue their approval of the terms before the sale can move forward. This means lots of hoops your Elk Grove short sale agent must jump through. A good short sale agent will manage the sale and the status, consistently following up with the banks to insure it’s progressing and not lost in the shuffle. It’s amazing how many agents wait for the bank to initiate contact…IT’S NOT GOING TO HAPPEN.
If you have questions about a short sale, I’m here to help. Or you can find out if you qualify to sell your Elk Grove home as a short sale.
Elk Grove Short Sales Get Approved With Allan Sanchez
I have it in my hot little hands…a Calvet short sale approval for my short sale in Elk Grove: 9488 Windrift Lane! Despite closing a ton of short sales for banks like Wells Fargo, Bank of America, Chase, and others, this is the first time I have attempted a Calvet short sale. Calvet didn’t choose to participate in short sales early on when most banks were willing to work with underwater homeowners. Calvet now realizes that there are some circumstances where short sales are appropriate.
The short sale process is different with Calvet short sales compared to other short sales I’ve done. They have their own, unique paperwork, time lines, and requirements. One big difference between short sales with Calvet and other banks is the way they determine a home’s value. In most circumstances, Calvet requires an appraisal on the property, opposed to just a BPO (broker’s price opinion). The seller is responsible for paying for the appraisal so be aware if you are considering a Calvet short sale for yourself.
Do you have questions about Calvet short sales? I’d be happy to answer them and share my experience. See if you qualify to sell your home as a short sale.
CalVet Short Sale Approval in Elk Grove