Short Sale Rocklin – The Latest Rocklin Short Sale Info
The summer real estate market is in full swing and Rocklin short sales continue to be a large factor. Last month, a third of all homes sold in Rocklin were short sales. Short sales in Rocklin are also proving to be a better deal than traditional sales, selling an average of $40k below regular sales.
It takes an average of 4 months to get a Rocklin short sale approved by the lender. I believe the industry can improve this number. Many of my short sales are approved in less than 2 months. Recently, the largest lenders have revamped the paperwork that must be collected prior to short sale approvals. Real estate agents who are not up on the most recent changes, are slowing down approval times because they don’t know what to collect from their Rocklin short sale sellers. All real estate agents are not short sale agents!
Short sales are very different from traditional sales. There are many more steps that a short sale agent must take before the bank will grant an approval. If you are considering selling your Rocklin home as a short sale, make sure you interview short sale agents who have sold at least 25 short sales. Picking the right agent is the first step to short sale success and making the process as painless as possible.
See if you qualify to short sale your Rocklin home.
Short Sale Rocklin – The Latest Rocklin Short Sale Info
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