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California Short Sale Transaction management

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 deficiencies in the short sale process which can leave you exposed to significant finacial damages.  Realtors are not even licensed to comment on why the California Association of Realtors forms are 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. The Realtors are paid by the banks, not you.   

When the lender sends paperwork to your lender and escrow agent - who is going to make sure you are portected.  Is your Realtor qualfied to explain what it means if the lender says it will release the lien but not your liablity on the note?   What if Countrywide sends a note to the Escrow agent that it will not seek a deficiency if the short sale meets certain conditions. Does that instruction mean anything to you?  Does it survive escrow?  Will it bind Countrywide or Bank of America?

 


 

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Last Updated ( Sunday, 25 May 2008 )
 
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