A guy calls him and tells him that some bad guys are after both of them. Michael says that in spy work you learn that a hot lead needs to be followed up on right away.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure. http://columbusohshortsaleadvisors.com/
"I'll be right over", he tells the guy. Then, he rushes over to the guy's place to meet with him. He shows up to find the guy has been murdered. He lost out on any information he could have gotten from him.
I think we have all learned that lesson. Sometimes in life things need to be dealt with right away. If not, then you miss your opportunity.
This happens in real estate, sports, and most people's work. If you delay, then the opportunity will be gone forever.
So, how does that lesson relate to short sales? There are certain times during the short sale process where you have to drop everything and rush to get something completed. Here is an example.
Everything has been completed for a short sale negotiation. You have sent the bank everything they have requested up to that point.
The bank has all of the information they need to make a decision on the short sale file. The bank's short sale negotiator contacts you and tells you that the short sale will be approved.
However, the buyer needs to pay $364,000 for the house versus the $360,000 that was offered. In addition, they need a certain document from the short sale seller.
Then, they give you the deadline. "If I don't have this stuff within 3 days, then I will close the short sale file", they tell you. After that you rush to get everything completed.
It usually takes 30-60 days of hard work for us to have gotten to this point. We know that if we don't get the short sale negotiator what they want, then we will have to start the entire short sale process all over again.
We will have wasted 30-60 days and put our seller at greater risk of losing their home to foreclosure. So, we get to work right away and track down all that information.
If we can get the necessary items, then the short sale will be approved. But, if not, then all our work will have been in vain and we will have to start the process all over again. 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, Robin Lemmons.
Rick and Robin Lemmons 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.
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Important Notice
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 Robin's personal views and do not reflect the views of Coldwell Banker King Thompson.
This information on A Spy's Advice On How To Be Successful With Columbus Short Sales is provided as a courtesy to our viewers to help them make informed decisions.
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