Basic HTML Version
Table of Contents
| 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 |