Have you any idea what it takes to negotiate a San Diego short sale ? An advanced homeowner facing the candidate of foreclosure and looking a way from it through short sale - time is critical. In a nutshell, you can't afford to take your own sweet time to figure out what you should know. What you need are results
First things first though, and when you jump in to a San Diego short sale - you may need one thing in particular.
Finding a Specialized San Diego short sale Agent
While there are several real estate agents out there, for a San Diego short sale you will want to choose one who is experienced and contains the reputation to back it up. Frankly - your whole future could hinge onto it as there have been one way too many short sales which have bit the dust mainly because the agent didn't follow the procedures or achieve this fast enough.
Again - time is an issue, so you can not afford any dalliance on your agent's part.
Using a specialized agent should signify you're able to locate a buyer quickly, negotiate a fantastic price, and in addition be assured that your San Diego short sale won't fall flat on its face. Make sure you shop around and look for agents who may have good references, extensive experience, and are willing to answer any and all questions you will likely have.
For a San Diego short sale to be a success - lenders need to be up to speed ideally. In fact, the proceeds will probably be used to settle the borrowed funds and they needs to be willing to accept a lesser amount - however you might need to convince these phones do so.
Generally speaking, most lenders are available to short sales - provided the loan agreement is tight enough that you could persuade them if they do not agree you might easily drag your entire foreclosure process by having a lengthy court battle.
Granted - this can be playing hardball, but the alternative should be to sit back and let foreclosed be on your own credit record for that foreseeable future!
If you have a specialized san diego short sale agent - they must help you to approach your lenders. Allow them do the job, as they have example of doing so during the past and probably may even have had dealings with the bank or other money lender you'll want to deal with.
Once all that is done - all that remains is obtaining a buyer and having a good price. Remember - you cannot afford being too picky. Time is a factor and also you need to find a buyer ahead of the foreclosure date or you'll risk your efforts amounting to nothing!
At minimum, now that you determine what a short sale in san diego includes - you ought to have a good starting point!