[Americas Home Rescue]

Strategy is important when working Short Sale transactions. Conventional and VA lenders will always tell you they want an offer included with the hardship package. We don't want to make the property available to the world until we have established communications with the lender and have verified that they have, if fact, received our hardship package, even though they will always tell us "Where's the offer?". One of the greatest mistakes most agents make in Short Sales is making the property available to the world before they have established communications and a game-plan with the Short Sale lender. The whole name of the game is to minimize frustrations commonly associated with the "waiting game" when it comes to keeping interested Buyer's on board. It took closing a couple hundred of these to fine-tune and figure this out! You will hugely minimize the drama between all parties! In FHA short sales, the borrower absolutely has to be accepted into the pre-foreclosure program before the bank can even consider an offer. Finely tune the process and your Short Sale business will grow astronomically!

Michael Spickes

America's Home Rescue