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California Short Sale Transactions





 

A marketing program designed to bring in offers even in this difficult market.

Don't rely on 2 and 3 year old marketing concepts. Our Realtors are not worried about protecting the prices of their other non-short sale listings.  Our Realtors will price your property to get interest and offers.  You only have a few months before you get the Notice of Default  - don't waste your valuable time with old marketing concepts.  In an up market you can sit on your price because the market comes to you.  In a down market the market runs away from you.  Don't let you listing sit idle with poor pricing strategies. 

Our lawyers suggest clauses to add to our listing contract, your purchase contract and cover letters for your short sale package.  These clauses are designed to protect you from the lenders, the buyers, the buyers Realtor and if necesary even your own Realtor's broker. 

Realtors are not even licensed to comment on why the California Association of Realtors forms may  be incomplete.  Those forms do a great job protecting the Realtors but in our opinon they can leave you unprotected.  We make sure you are protected. Remeber in a short sale transaction the Realtors are paid by the banks, not you.  Our advice is to make sure someone is on you side and that persons advice is protected by insurance.    

When the lender sends paperwork to your Realtor and escrow agent - who is going to make sure you are protected.  How will you know if you are being released from all your obligations and not just some of them?  What if Countrywide sends a note to the Escrow agent.  Does those instructions give you the protection from creditors you may need in the future.  Do those instructions survive escrow?  Will it bind Countrywide or Bank of America?

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Last Updated ( Tuesday, 28 October 2008 )
 
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