What is a Short Sale?
A short sale occurs when a homeowner sells their home for less than the mortgage held by the bank.
If a homeowner finds that they are unable to afford the monthly mortgage payment and pay for other
living expenses, they may be able to ask the bank to accept less for the home than the current
mortgage amount.
The short sale process should not be complicated for the homeowner when working with a company or
individual Realtor that has experience and partnerships with asset managers (banks).
EasyStreet's certified short sale specialist will work with you to create a sales strategy that
will help your home sell for top dollar and increase the liklihood that your bank will accept
less than the full amount owed.
Prior to listing your home as a short sale you should ask your Realtor the following questions.
The answers will make a difference in determining if the bank approves your home for a short sale.
- Are they a Certified Short Sale Specialist in Southern Nevada?
- Do they have a marketing plan that will help sell your home for top dollar, thus
increasing the liklihood of short sale approval?
- Do they know exactly what needs to be included in your short sale packet for the bank?
- Do they have experience helping homeowners create short sale packets?
- Do they have a full time negotiator working on your file?
- Do they have direct contacts to the decision makers (asset managers) at the bank?
- Do they have proven strategies to get quick bank approvals?
- Will they do a full service listing including virtual tours and internet marketing?
- Will they syndicate your listing to over 400 top real estate websites?
Owe More Than Your Home Is Worth?
Quickly See if You Qualify for a Short Sale