This is not the document you are looking for? Use the search form below to find more!

Report

# How to Do a Short Sale

Document Description
This presentation is about how to do a short sale. For more details and options related to foreclosure real estate, visit ForeclosureDeals.com.
File Details
Submitter
Embed Code:

Related Documents

## How to Give a Short Class Presentation Competently

by: Kendra Harrell, 2 pages

A short description of how to do a class presentation that will help you avoid common pitfalls.

## How To Do A SWOT Analysis: Strategic Planning Made Easy

by: bizmana, 3 pages

By Lyndsay Swinton. "Strategic Planning" sounds a lofty pursuit and perhaps beyond our humble capabilities. Not so with a SWOT Analysis. Learn how to do a SWOT analysis using the SWOT matrix and ...

## How-to-do-a-kegel-exercise-with-Kegel-Weights

by: kegelexercise, 2 pages

How-to-do-a-kegel-exercise-with-Kegel-Weights

## How to do Short Division

by: math_edutireteam, 3 pages

Literal meaning of division is equal distribution. In initial learning stage, division sums are also solved by repetitive subtraction. Let us see it through an example. Divide 30 by 5, this clearly ...

## Do the How to Get a Free iPad Sites Really Work?

Do the How to Get a Free iPad Sites Really Work?

## How To Do Fractions

by: tutorvistateam_team, 4 pages

By the term fraction, we mean the part of the whole. If we write the fraction 1/3, we say that it is one part out of the three units. We can also say that we divide a whole in three equal parts and ...

## How to Do Fractions

by: tutorciecleteam, 4 pages

Fractions are the numbers which are expressed in the form of a / b, where a and b are the whole numbers, b 0. Here we will learn about how to do fractions. Different mathematical operations can be ...

## How to Pass a Drug Test - Do not Worry

by: shirley80, 1 pages

Are you interested in how to pass a drug test?Visit our website for more details.

## How To Write A Short, Professional Bio Ft Dan Schawbel

by: marijse, 10 pages

How to Write a Short, Professional Bio On Yourself Learn from amasterAnalysis of Dan Schawbel’s BioLet’s break downDan’s bio.Dan’s Bio

## How To Do Double Digit Multiplication

by: nishagoyal, 4 pages

How to multiply a three digit number by a two digit number (e.g. 529 * 67). Place one number above the other so that the hundreds', tens' and ones' places are lined up. Draw a line under the bottom ...

Content Preview

How to Do A
Short Sale

Contents
When faced with the danger of foreclosure, Introduction ..……………………………1

Estimate of Value..…………………….2
pay off the bank. But, what if the FMV, or fair

market value, is less than you owe? In this Closing Costs………..……………...…...2

case, the bank may prefer to forgive the Direct Approach………….…………....2

difference in order to avoid higher foreclosure
costs. Here is how to go about it.

Obtain An Independent Estimate Of Value
2
Speak to several realtors to try to gauge what your home is

worth. If you can afford to pay the brokerage and sign an
agreement, then the broker should commit in writing to a

selling price.

Again, a broker can assist you with an estimate of these,
including brokerages and administrative costs charged by the
lender. These may be quite large amounts, so take your time
here, and get it right.

What’s does that mean?
department. Discuss the gap between the outstanding loan
For more terms and definitions,
check out ForeclosureDeals.com’s
amount and the net estimated proceeds of the sale. Explain that
glossary page:
http://www.foreclosuredeals.com/G
if the bank cannot forgive the difference, the bank may have to
lossary.php
go ahead and foreclose. Play your cards right and they may well

agree – if so, then you can go ahead and sell.

3
Put Your Best Foot Forward At the Sale

Foreclosure Deals
12550 Biscayne Blvd, Suite 306
On show days, make your house as attractive as possible,
Miami, FL 33181
FAX: 1-347-402-6620
and leave negotiations up to the agent. People buy on first
Contact@foreclosuredeals.com
If it’s not a deal, we won’t list it here!
impressions, so make sure that everything is tidy before a

Find us on the Web:
http://www.ForeclosureDeals.com/

There is always a possibility that you could do a short sale

yourself. However, you may not know all the pitfalls, and a

good agent should be able to cover their brokerage fee

with a better price. This is why an intermediary is always a

good idea when selling under pressure. Besides, you could

always refuse an offer if the price is below the broker’s

estimate.

How to Do a Short Sale

Share How to Do a Short Sale to:

example:

http://myblog.wordpress.com/
or
http://myblog.com/

Share How to Do a Short Sale as:

From:

To:

Share How to Do a Short Sale.

Enter two words as shown below. If you cannot read the words, click the refresh icon.

Share How to Do a Short Sale as:

Copy html code above and paste to your web page.