Ventura County CA – The Stop Foreclosure Institute recently received a question from Brad. Here was his question.
"I made an offer to buy a short sale about 4 months ago. I have heard nothing except that they are going to re-submit the short sale paperwork to the lender.
I am very frustrated. Is there anything I can do on my end to try to push the process along, or is it all up to the agent? Please help! Brad."
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Here was our answer to Brad's Question. It is up to the agent. When you say they are going to re-submit the paperwork it makes me think that something is very wrong.
It take 90 days max to get a yes or no answer on a short sale offer. Someone hasn't been following up with the lender. I have found that if you don't call the lender, then nothing happens with the short sale file.
They agent has to "push" the file along. The bank won't "push" it as they have more files than they can handle. Bottom Line: I would find another house.
Even if you wait it out, you should always be on the lookout for another home to buy. Maybe one where the agent has experience with short sales. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail at cjohnson@prucalhomes.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 805-208-0823
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our Ventura County loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
Thanks for reading this,
Chris B Johnson, Realtor
Chris is a Real Estate Agent at Prudential California Realty.
Phone: 805-208-0823. cjohnson@prucalhomes.com.
Certified HAFA Specialist, Certified Short Sale Specialist, Certified Distressed Property Expert
Your home is probably the biggest asset you own. This is why you should hire a professional REALTOR® to guide you. I help 24 to 28 families each year buy or sell a home. I have been a financial & real estate consultant for the past 30 years and specialized in loan loss mitigation, short sale negotiation and REO marketing. I know how to negotiate contracts & navigate through the most difficult transactions. Chris B Johnson CalBRE 01501699-Allison James Estates & Homes CalBRE 01885684
Search This Blog
Friday, June 1, 2012
Ventura County Short Sales: How Can I Get An Answer On My Offer?
Ventura County CA – The Stop Foreclosure Institute recently received a question from Brad. Here was his question.
"I made an offer to buy a short sale about 4 months ago. I have heard nothing except that they are going to re-submit the short sale paperwork to the lender.
I am very frustrated. Is there anything I can do on my end to try to push the process along, or is it all up to the agent? Please help! Brad."
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Here was our answer to Brad's Question. It is up to the agent. When you say they are going to re-submit the paperwork it makes me think that something is very wrong.
It take 90 days max to get a yes or no answer on a short sale offer. Someone hasn't been following up with the lender. I have found that if you don't call the lender, then nothing happens with the short sale file.
They agent has to "push" the file along. The bank won't "push" it as they have more files than they can handle. Bottom Line: I would find another house.
Even if you wait it out, you should always be on the lookout for another home to buy. Maybe one where the agent has experience with short sales. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail at cjohnson@prucalhomes.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 805-208-0823
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our Ventura County loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
Thanks for reading this,
Chris B Johnson, Realtor
Chris is a Real Estate Agent at Prudential California Realty.
Phone: 805-208-0823. cjohnson@prucalhomes.com.
Certified HAFA Specialist, Certified Short Sale Specialist, Certified Distressed Property Expert
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment