How I Make The Folsom, El Dorado Hills Short Sale Process Faster and Easier
By John Hayes, Folsom,El Dorado Hills, Shingle Springs, CP
(RE/MAX Gold Folsom)
El Dorado Hills CA – Here is a problem: Buyers don't like short sales because of the uncertainty and the wait. How do we solve this problem? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. During the short sale process, if the BPO gets completed and the bank won't accept the buyer's offer, then request that the bank to keep the file open. There are several reasons that banks should be willing to keep the file open. Reason #1: Their investor has already spent $65 to $100 on a BPO. Reason #2: A bank or servicer's job is reducing the losses as much as possible. Keeping the file open will make the property more marketable, which will cause it to sell for a higher price. Reason #3: It will help the bank/servicer reduce their costs. It will tak...