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Table of Contents
Table of Contents
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What Is A Short Sale? 2 -
What You Need To "Do" 3 -
Locate An Experienced Agent 3 -
Identify Potential Short Sales And View The Property 3 -
Current Market Value & Number Of Liens 4 -
Determine If The Seller Qualifies For A Short Sale 4 -
Ask The Listing Agent About The "Short Sale Package" 4 -
Make The Offer 5 -
Wait To Hear From The Bank 5 -
The Bank Accepts or Rejects Your Offer 5 -
What You Need To "Know" 6 -
The Listing Agent's Experience 6 -
How Mant Banks Are Involved 6 -
The "List Price" And The "Bank's Price" 7 -
What The Bank Is Looking For 7 -
Short Sales Are Not "Short" 8 -
"Approved" Short Sales 8 -
Home Inspection 8 -
Short Sale Advantage 8 -
#1 Price 8 -
#2 Less Competition 8 -
Personal Notes 10