Short Sale Preparations for you and your buyer.
By David Width Jr.
With more and more of these short sales flooding the market, we as agent's have to prepared to handle them when our buyer stumbles across one of them in which they would like to place an offer. Some of these tips will help to make the sale go somewhat smoother and help to protect and possibly save your buyer some money. Inform buyer it may be timely: Let me say that again; Inform your buyer these transactions are likely to be timely. This is something you want to let them know right up front, and inform them that if the need to be in a property by a certain date, buying a short sale may not be a route they want to take. Pre-approved: Make sure your buyer is pre-approved when placing an offer or writing a contract on a short sale before you send the offer or contract over. Also If your b...