Extreme Short Sale

Good Morning and welcome to ExtremeShortSale.com! As you may be aware, there are many myths and misunderstandings associated with Santa Clarita Short Sales. To help clear up some of these incorrect assumptions, we offer our Santa Clarita Short Sale Myth series. Today we offer Santa Clarita Short Sale Myth Number Eight! Matt Gregory is a Certified Distressed Property Expert and is highly experienced in Short Sales. Matt Gregory is a top Keller Williams Santa Clarita Real Estate Agent and very active in the Santa Clarita Real Estate market. Remember, if you’re struggling with your mortgage there are options and solutions. Loan Modifications often are not the answer. Avoid foreclosure! Watch the video and read below to find out more.

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Santa Clarita Short Sale Myth Number Eight is: Any Santa Clarita Real Estate Agent can work a short sale! This is FALSE!

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A short sale transaction can be time consuming, frustrating and most often it’s a complex and lengthy process. It requires patience and good understanding of how the various lending institutions deal with short sale submissions. Many people have a Santa Clarita Real Estate agent they’ve used in the past. Their first thought when they consider selling is home is to contact an agent referred by a friend or one they may have used in the past. Be advised, this could be a big mistake with a short sale. Not every agent knows how to work a short sale. If the agent you choose has little or no experience with short sales, you will be jeapordizing the success of your short sale! If they have no specialized training in short sales or no track with successful short sale transactions, you’re taking a risk you can’t afford. Short sales are tough enough to close, even for the experienced Santa Clarita Short Sale Agent. Also, it’s best if the short sale agent uses an experienced bank negotiator. Some agents have almost no experience and try to negotiate with the bank themselves. We do not advise anyone use an agent with no experience in specifically negotiating a short sale with lenders. Here’s some questions any homeowner should ask their prospective Santa Clarita Real Estate agent:

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Have you ever worked a short sale? If so, how many short sales have you successfully closed? Have you received any specialized short sale / pre-foreclosure training?

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Do you negotiate with the lender yourself? If the answer is yes, what are your qualifications to provide this service?

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Do you use and pay an experienced negotiator? If so, who do you use? What are their qualifications?

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How much will I, as a homeowner, have to pay for my Real Estate Broker to sell and negotiate my short sale? In most cases, the answer is $0.00. FREE. The lender should always pay the broker, not the seller!

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Your new agent should try their best to help you avoid foreclosure and stay in your home. The agent should be able to help you analyze any possible loan modification options. Your agent should help you to understand all your options before you decide to short sale your home, even if it means “no listing” for your agent. this process should cost you nothing! FREE!

Be sure to check your prospective Santa Clarita Real Estate Agents’s referrences. You can’t afford to have your transaction fall apart due to inexperience!

Matt Gregory has received specialized training and is a Certified Distressed Property Expert and is a pre-foreclosure Specialist. He has successfully closed many Santa Clarita Short Sale transactions and has plenty of references. Contact Matt today at 661-713-4799.

Have a great week!

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Pete@ExtremeShortSale.com

Matt@ExtremeShortSale.com