Hello everyone, this is Kelly Cook again with the Cook & Associates Real Estate Advisors, your real estate and short sale specialist in :k1:. You can find us online at KellyCookHomes.com. We’re part of the Real Broker Real Estate Network, one of the largest real estate brokers in the entire country and we specialize in helping homeowners find alternatives to foreclosure through the means of a short sale. The topic we’re discussing today is a question that we frequently get and that’s, “What does it take to get started with a short sale?”
A lot of people aren’t too sure about the process and think it’s a big cumbersome thing to get started so they put it off. This isn’t what you want to do because the short sale process is pretty painless.
The first thing you want to do is contact a short sale expert in your area; Phoenix, AZ and Columbus, OH, we are your short sale specialists. We’ve done over 400 short sales and have about a 95% success rate. Once you contact a short sale specialist, someone like ourselves, already has pre-filled out forms that we know the bank wants to see as part of your short sale package. We’ll give these to you to fill out and sign, as well as a checklist of items that you need to gather that the bank will want to see. We’ll also send you the state appropriate real estate documents which authorizes us to market your home on your behalf. All of these things will get sent to the bank along with an offer; once we have a buyer, we start negotiating with the bank. This process can take some time, however, the entire time we’re negotiating the short sale we handle everything. All you have to do is gather the required documents for the bank at the beginning of the short sale process. It’s pretty painless.
Give us a call if you have any questions; we’d love to chat with you and make sure you understand the entire short sale process. You can email us at info@cookandassociatesaz.com, call us at our AZ office at 480.442.9868, our OH office at 614.600.2028 or check out our short sale calculator site at MyHomeValueCalculator.com. You can find out the instantaneous value of your home in today’s market.