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When a Bank Should Approve a Hollister Short Sale

Hollister CA – A bank should accept your short sale when the following rules apply.

If the bank owns the loan itself, it has a fiduciary duty to its stockholders. The duty is to get those investors the most money possible. Therefore, a lender should accept an offer if it will net the most money.

Click here to discover how other sellers successfully executed a short sale and avoided foreclosure.

Your only job is to prove that to the negotiator. Do that by showing him that the property has been on the open market for 60 to 90 days. Your agent needs to be able to show that the house was easy for buyers to see and other agents to show.

Tell the lender the following: "I have an experienced agent selling my home. It has been on the market for X days. I've lived there the entire time and kept up on the house. It looks good. 43 buyers have looked at the home since then. Out of that, only three buyers expressed interest. Of those three buyers, the current buyer is the one willing to pay the most money. My agent is doing a great job marketing my home.

"With the current foreclosure case status, the home won't be foreclosed until June or July. When you foreclose on the house, I'll move out. The house won't be kept up anymore. The new agent will be working on 20 other homes and won't promote the home as well as my current agent. This means there will be fewer buyers looking for a home.

"Do you honestly think the home is going to sell for more money then?"

Thinking about a short sale? I can help you short sale your property so you can move on with your life. Send me an e-mail at israel@ighomes.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (831) 636-8858.

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification?Our Hollister loan modification guide will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail to israel@ighomes.com to request a Free Copy.

Or, click here to request a copy.

Thanks for reading this.~Israel Gonzalez.

Israel is a Real Estate Agent at Beale Properties.

Phone: (831) 636-8858. israel@ighomes.com.

View My homes for sale at www.bestREOhomes.com.

Israel Gonzalez specializes in loan modification assistance and short sales in Hollister California. Hollister Loan Modification Help, Hollister Short Sales. Hollister Short Sale Realtor Hollister CA Short Sales. Hollister Realtor.

Important Notice

Israel Gonzalez, Beale Properties, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Gonzalez's personal views and do not reflect the views of Beale Properties.

This information on "When a Bank Should Approve a Hollister Short Sale" is provided as a courtesy to our readers to help them make informed decisions.

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