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Friday, September 28, 2012

West Sacrmento Short Sale Information - Postponing Foreclosure Sale Dates

Mike Rigley Certified Default Advocate, Distressed Property Expert and your short sale specialist here thank you for joining us. Today let's talk about getting your West Sacrmento foreclosure sale date postponed when participating in a West Sacrmento Short Sale.


Now the big disclaimer here is there are no magic bullets and never, ever can we guarantee that if you have a West Sacrmento foreclosure sale date coming up the sale will be postponed. This is a wild gamble that few if any West Sacrmento Short Sale Agents want to take on. This process gives me more grey hair than I care to mention.

One of the most important pieces to the West Sacrmento Short Sale foreclosure sale date postponement process is to have a good offer in hand and submitted, to have a complete West Sacrmento Short Sale package and it helps to know who the investor is.

The Servicers and investors are all about mitigating loss. We know from experience that on a typical West Sacrmento Short Sale sold at or near Fair Market Value the West Sacrmento Short Sale will net the investor 20-30% more than a West Sacrmento foreclosure. Remember it is always about the money. Always.

The important thing to know is when your West Sacrmento Foreclosure sale date is and at what time. The trickiest of them all are the Monday morning sales. These you have to be sure you have confirmation on Friday to feel good about the weekend.

So how do you go about getting a West Sacrmento Foreclosure sale date postponed? Well as I mentioned earlier it helps to have a good offer that makes sense for the investor to risk another 30 days waiting for the approval. The process starts usually a week to 10 days prior to the sale. Many banks and servicers won't ever consider a postponement until a week out, so watching your time lines is important.

Usually we can work through the normal channels to get the sale date postponed but there are times we have to escalate the file. Quite frankly if we don't have confirmation 4 days prior to the West Sacrmento Foreclosure we are in escalation mode and the closer the date gets the higher we escalate. Our last Chase escalation caused quite a stir but we were successful and really isn't that all that matters.

The key to a good postponement and escalation is stating your story in a quick concise manner and never, ever make it personal. This is a business transaction pure and simple. Once you make it personal you have lost.

An art form? Yes you could say that but it is an art form we have mastered. Need the masters on your side? Call us we can help.

Is a West Sacrmento Short Sale Right for Me?

To get a better idea of when your West Sacrmento homewill 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 or for the latest West Sacrmento short sale information. Call me today and sleep better tonight; you'll be glad you did

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