Find An Experienced Short Sale Agent

Hello and welcome to our blog. We are Kevin Kauffman and Fred Weaver, Arizona’s best short sale agents. Thank you for taking time out of your day to check out our blog. We would simply like to let you know that we have successfully closed hundreds of short sale transactions at a 90% achievement rate over the last couple years. Nonetheless, this blog is not about us. It is about you, the residence owner.

It is extremely critical that you have an realtor on your side that is working with your bank who doesn’t simply agree with the bank and everything they say. The short sale can be a little bit stressful to you as a house owner, so we want to give you some framework as to why you need a high-quality short sale realtor on your side.

Here is a straightforward example. We have a short sale that has an offer for $50,500 and the lender has a value on the house of $49,500. Observe that the value of the house is actually less than the proposal. So, this transaction should very easily be accepted. The value of the house comes from a BPO, a brokers price opinion. When you work a short sale, the bank hires an independent company to acquire a value for the residence. The bank uses this value to determine whether or not they should make use of the short sale or foreclose on the home.

In this specific situation, the bank declined the bid because the proposal was not enough. Basically, the bank employee making this choice doesn’t understand the idea of loss mitigation.

Unless you have a real estate specialist on your side that is eager to assertively pursue the transaction, you may have difficulty completing a short sale. Ultimately, if we did not keep battling, this home would have gone to foreclosure.

Normally, 20-40% of short sales close effectively. With a 90% success rate, we feel like we can be your greatest companion in this situation. We obtain better results than most.

We encourage you to come back to the blog and get in touch with us. We look forward to dealing with you soon.

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Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona