Sunday, July 1, 2012

Why Do West Sacramento Short Sales Fail

As you know not every West Sacramento Short Sale gets approved. Nationally the numbers are as low as 40%. So what goes into a successful West Sacramento Short Sale and what goes wrong with an unsuccessful one?

Simply put, in 9 out of 10 cases it is the inexperience or lack or knowledge of the real estate agent.

   
There is a tremendous amount of work and knowledge required to successfully complete a West Sacramento Short Sale and most self-proclaimed West Sacramento Short Sale Specialist have not spent the time to properly learn the craft. Harsh but true.

Now keep in mind while nationally while only 40% of all short sales are approved and then usually in 120+ days, we average 47days for an approval and get about 94% of our short sales approved.

What’s the difference you ask? I like to refer to it as the “5 P” rule – Proper Planning Prevents Poor Performance. Having worked with most the major lenders, servicers and investors, we understand what they are looking for and give it to them upfront rather than wait for the processor to ask for it. This one step alone saves 2-3 weeks in the process. We also follow up on our West Sacramento Short Sales religiously. Twice a week at a minimum and more often if there is an issue.

We are also not afraid to escalate the file should the file be out of compliance or if negotiator is acting on ego and not the best interest of the end investor. Heck we have been known to go as high as US Senators and the acting director of the FHFA with an issue.

West Sacramento Short Sales are a process as much as anything else. With all processes a system can be established to optimize and minimize the process timeline. Our proven systems are designed to do just that. Through superior systems we have been able to get our approvals in as little as 17 days from submission of the West Sacramento Short Sale package submission.

Do we save everyone – Unfortunately we don’t. From time to time we face an insurmountable problem that not even we can overcome. In those rare cases we do assist and counsel the West Sacramento homeowner through the foreclosure process at no charge

To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation. Call me today and sleep better tonight; you’ll be glad you did


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