Columbus OH – I have something shocking to tell
you. Bankers are not as smart as you or I think they are. You know the
"perfect banker" that we meet in public.
The person has never missed a payment, never been late, and has always had a
bunch of savings in the bank. They sneeringly look down on normal Americans
that haven't saved their money like Scrooge Chuck.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Here is the sad truth. Although they think that they are so smart with money,
they actually are not. And today I'll show you one example why.
Let's look at how 90% of the banks handle the short sale process. When an offer
comes in on a short sale, it takes 30-60 days for a person at the bank to look
at the offer.
Then, that person orders an appraisal on the property. After that appraisal
comes back, the bank employee reviews the property value and the home seller's
personal financial situation.
Based on that, they approve or deny the short sale offer. They do this to avoid
approving short sales when either a homeowner can still afford the house or the
house is selling too low. Seems like a smart way to do things, right?
Here comes the stupid part. What do they do if the short sale offer is
rejected? Well, they tell the buyer to hit the road and close the file.
Everything gets thrown out. The appraisal is thrown out. And all the time that
employee spent looking at the seller's finances is thrown out.
Which means that they have to do all of that work again when a new short sale
offer comes in. What's worse is that it causes the banks to lose millions of
dollars.
As an example, an agent I know told me about a short sale property he handled.
"The first offer for $275,000 was rejected by the bank. Several more
offers were rejected over the next year.
The housing market continued to decline. Finally almost 2 years later they
accepted an offer for $235,000. Yes, they lost $40,000 because of the flawed
short sale process.
That's a pretty dumb way to handle things, isn't it? And yet, most bankers
sneeringly think they are responsible with money! It's crazy, isn't it?
As you can see, the key to a successful short sale and avoiding the mark of a
foreclosure on your credit. 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 robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495.
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on Columbus Short Sales: Some of the Stupid Things Banks Do On
Short Sales is provided as a courtesy to our viewers to help them make informed
decisions.
Hello Friend nice post your update and very helpful information.
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