Short Sales

Ten Reasons Why Short Sales Fail:

1. The contract price is too low, too high, or does not match the Broker’s Price Opinion
2. The Private Mortgage Insurance (PMI) company does not agree to the contract price
3. The mortgage investors do not agree to the terms of the contract
4. The buyer is not financially qualified
5. The REALTORS® are not trained in effective short sale negotiation
6. The buyer gets impatient and walks away from the deal
7. The seller does not provide information to the bank in a timely manner
8. The seller does not agree to the terms of the short sale
9. The seller provided false informatiom on their initial application for the mortgage
10. There is not enough time to do the short sale before the foreclosure date

If you are considering pursuing the Short Sale route to sell your home it is important that you consult an attorney that is familiar with the process.  It is also important that you use a REALTOR® who is trained in the Short Sale process and has experience in Short Sales.

Complete the form to receive more information on qualifying for a Short Sale.

Sarah Stelmok, REALTOR(R), will be contacting you regarding your interest is qualifying for a short sale.  All information shared with Sarahiously Speaking and Sarah Stelmok will be confidential.  If you are trying to qualify for a short sale outside of the Fredericksburg area, you will be referred to a short sale specialist in your town.  You will not be spammed.