The many confusing parts of a short sale.
By now you have most likely found out that short sales are neither short nor well defined. In fact their rather confusing.
Once your decide to go forward with a short sale you focus on what your short sale agent told you to do and what to and expect of your lender. Then your lender throws you a curve ball. Your lender wants to work with you right? Then why do they do these confusing things during your short sale?
You get calls, from their collections department,this dept has no clue your doing a short sale nor do they care,their job is to get you to make a payment. Don’t ignore them, answer the phone and take control. Tell them your doing a short sale and give them your short sale agents direct phone number. After hearing this a few time they will stop calling.
You get mail, all sorts of mail, duplicate mailings over and over again. Don’t ignore these mailings your lender has to comply with many rules and regulation. Make sure your short sale agent get a copy of all mail sent to you. Be aware that your lender will still be minding the time frames required to take your home to sale via a foreclosure even while your working on a short sale.
You get people, coming to your door to talk to you about your options to foreclosure. What! Doesn’t your bank know by now that your doing a short sale? Another disconnect here. Just again tell this person your doing a short sale and give them your short sale agents business card. Many times these bank reps are just sent out by your lender to check and see if your home is occupied.
There are many other confusing parts to a short sale. Don’t make the mistake of not having the best short sale agent on your side.
You need a short sale specialist.
It’s critical to have the best local short sale agent working for you and showing you the way through the short sale maze.
I am a Temecula Short Sale Specialist. I will show you how I can unconfuse the short sale process. Put my 17 years of Short Sale experience to work for you.
Sidney Kutchuk, Realty Works Temecula. 951-215-6745 .