Skip to main content
#
ColumbiaForeclosureRelief.com
Columbia Foreclosure and Short Sale Information
Available Short Sale in Heatherstone Irmo
Irmo, SC Short Sales
Successful Short Sale Gallery
Available Short Sales Gallery
Columbia
How To Stop The Foreclosure Process
Effects Of Foreclosure
Short Sale Testimonials
SCHelp
Avoid Foreclosure
What Is A Short Sale?
Short Sale vs. Foreclosure
Qualifying Process for a Short Sale
Access This Free E-book
Benefits of a Short Sale
Things You Should Know Before Proceeding With A Short Sale
Learn About Short Sales
Frequently Asked Questions
Glossary Of Terms
FAQ
What The First Step In The Short Sale Process
Qualifying for a Short Sale and Avoiding Foreclosure
Home Evaluation
Testimonials
Getting Started
What Is A SFR - Short Sales and Foreclosure Resource?
Important Website Information
Columbia Short Sale Information
Rozalyn Franklin
Rozalyn Franklin - (803) 318-6412
Our Blog 
Wednesday, February 13 2013
1. Time frame of a short sale.

Well the truth is each lender has their own policies on when decisions may be rendered.  With their own internal deadlines.  Of course, the lenders generally do not abide by their own published time frames and deadlines. We can only predict certain things based upon past experience and knowledge of the other parties, but every short sale is different and inherently unpredictable.  Lenders frequently do not abide by their own (published or unpublished) deadlines, nor do they hold themselves accountable to their own deadlines.

2. Primary elements of a successful short sale.

Successful short sales require a seller's willingness to cooperate, a buyer who is patient, a reasonable appraisal by the seller’s lender, skilled real estate agents, a good negotiator, and a mortgage lender that is willing to communicate frequently with that negotiator.  If one party to the short sale is not participating or cooperating, then the entire transaction is in jeopardy.

3.Focus on the Important Elements to Complete a Short Sale

You may hear stories of short sales that closed in two months.  There are also stories of short sales that take more than two years.  On average short sales take four to six months from the date of the listing to the settlement date.  A good number of short sales fail.

The important elements is all parties in a short sale transaction should be flexible and committed.  They should focus more on the outcome and less on the process.  Their flexibility and commitment may be rewarded in the end.

Posted by: Rozalyn Franklin AT 09:44 am   |  Permalink   |  0 Comments  |  Email
Comments:

Post comment
Name
 *
Email Address

Message
(max 750 characters)
*
* Required Fields
Note: All comments are subject to approval. Your comment will not appear until it has been approved.

Share This Page
Columbia Foreclosure Relief
Email
Twitter
Facebook
Digg
LinkedIn
Delicious
StumbleUpon
Add to favorites
Reddit
MySpace
Translate

Brought to you by:

Rozalyn Franklin
Keller Williams Realty

140 Wildewood Park Drive
Columbia, SC 29223

(803) 318-6412



DISCLAIMER - TERMS OF USE - PRIVACY POLICY - CONTACT POLICY - IMPORTANT NOTICE

Copyright© 2009- Pro Step Marketing, All Rights Reserved.

Disclaimer: The information provided on this website should not be constituted as legal advice. The content is intended to provide general information about the short sale and foreclosure processes, and should not be acted upon without the counsel of a qualified REALTOR®, attorney, and tax expert.

Site Powered By
    prostepmarketing.com
    Online web site design