If you owe more on your home than it’s worth, then it’s possible that you qualify for a short sale, or a lender approved sale of your home and closure of your loan for less than the balance of your mortgage. But even if you qualify, successfully closing on a short sale can be complicated, and having the right short sale specialist in your corner can make all the difference.
In today’s post from EZ Short Sale, we’ll cover a few things to consider when choosing the right short sale agent, because, at EZ Short Sale, we connect people like you with experienced short sale experts in your area for free. To find an agent who can guide you through your short sale process and help you avoid foreclosure, get in touch with EZ Short Sales today.
LOOK FOR SOMEONE WITH EXPERIENCE
This seems like a no-brainer, right? Well, it may not be as straightforward as it sounds. You may look to work with a veteran real estate agent who knows the market and closes on a couple of properties a month, but if they’ve only ever worked on a few short sales, then most of their experience isn’t very helpful to you. It’s important to work with someone who knows the short sale space well and has spent a significant amount of time — say two to three years of their recent career — working primarily on these types of negotiations and closings.
LOOK FOR SOMEONE WITH KNOWLEDGE
We’re not going to sugar-coat it, the short sale process can be complicated, drawn-out, and incredibly frustrating at times. That’s why it’s so important to work with a short sale specialist. Ideally, the person you choose knows lawyers and other people who may need to become involved to negotiate or support the approval or sale. You also want them to be able to identify red flags early on and have the ability to point out potential problems well ahead of time.
LOOK FOR SOMEONE WHO YOU HAVE A GOOD FEELING ABOUT
Finally, it’s important that you get a good vibe from the person you’re going to be working with. After all, a successful short sale can result in what amounts to mortgage forgiveness and can be life-changing. You don’t want to trust that to someone who you’re not entirely comfortable with.
LET EZ SHORT SALE CONNECT YOU WITH THE RIGHT SHORT SALE EXPERT
At EZ Short Sale, we work with short sale experts throughout New York who have experience as well as a track record of professionalism and success. Our services are free of charge, so let us help you take the stress and time out of your life by allowing us to find the right short sale specialist for you. Visit us online today to get started.