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Short Sale REO Secrets Everett WA
A short sale occurs when a home owner sells a house and can't pay off the real estate closing costs and underlying mortgage or lien obligations with the proceeds. Unfortunately, I see many properties coming on the market of the short sale variety that aren't approved by the lender or lien holders on the property. This causes stress for everyone involved. First, when an offer is received on this type of listed property, it usually takes 75 days or more for the lender to make a decision. Usually, the lender wants more - the deal collapses and the buyer gets discouraged with the process. I have a lady in my real estate office who has written up 7 short sale deals recently with none going through.
I have a better solution!
If you are a buyer, work with an agent, such as myself who will only get you involved in making offers on lender / lien holder approved short sales. No guess work there. Just qualify to buy the property, make an offer and avoid the 75 day uncertainty.
My last qualified buyer purchased an REO (real estate owned) property from a lender for $200,000 (quality home) and received $6,000 towards closing from the lender. It appraised for $233,000 and my buyer will receive his down payment back with the $8,000 tax credit.
My advise is to only make offers on lender / lien holder approved short sales and REO property owned by banks in Everett, WA and other areas. These are easy to find if you have an experienced agent working for you. I have excellent internet skills to sort, sift, analyze and foward only those properties to you that will give you the best chance to make an instant profit while causing you less stress in the purchase process.
Call me today to get a free list of approved short sale, REO (bank owned) and pre-foreclosure properties in the Snohomish County area. I can send these new listings to you as they come on the market daily. My advise will save you time, money and stress! I have a link below where you can fill in some information as to what you are looking for. Or, feel free to call me for a no pressure conversation regarding your real estate needs.
Tom Jacobson Preview Properties, Inc. 5930 Evergreen Way Everett, WA 98203
425-268-1477
Short Sales / REO / Foreclosures Everett WA
I help buyers and sellers with short sales - REO - and preforeclosure questions on properties located in the following cities of Snohomish County WA: Arlington, Bothell, Brier, Camano, Edmonds, Everett, Granite Falls, Lynnwood, Marysville, Monroe, Mukilteo, Shoreline, Snohomish, and Woodinville
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