Tony was so excited on Friday, September 2, when Sell Fast Realty sold his house without being responsible for large difference owed to Citimortgage on his home loan. He started off last year using an in experienced Realtor to sell his house on a short sale. After months and months working with that Real Estate Agent, he was referred to Kimberlee Frank at Sell Fast Realty. I have done over 500 short sales and teaches realtors how to do short sales. After receiving the file we had found out that the listing agent didn’t even meet the appraiser from the bank which ended up with a very high value on the property. We couldn’t sell the property until we provided proof to the bank that the value they had was INCORRECT.
After a couple of months of working with Sell Fast Realty, we finally got the bank to agree to the purchase price of $130,000 allowing the Seller to sell the property. There were two mortgages on the property and the Seller received a no deficiency judgment which is a full satisfaction of the loan. The first realtor made a major mistake by not meeting with the realtor/appraisal from the bank. The value of the property came back too high. The buyer who had been waiting now for several months was able to purchase the property and close using our services.
How does a Buyer buy a short sale house?
Make sure that the listing agent is experienced in the short sale field. Ask them if they have every done any short sales before? Ask them if they negotiate their own short sales or they have someone else handle it.
Both Sellers and Buyers were happy that they used Sell Fast Realty and highly recommends us to anyone interested in selling on a short sale or buying a florida property. You can see their testimonials at www.SellFastRealty.com/testimonials
Look forward to sharing more information me you all in the future.
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