Common Short Sale Process Mistakes

3 common mortgage short sale process mistakes

  1. Sending in a low-ball short sale offer that we know the mortgage lender will not accept.
  2. Unfamiliarity with the short sale process. Mortgage lenders are busy and don’t have time to explain the short sale process. We show them how we know the process.
  3. Not determining the intentions of a second mortgage lender, if one exists. Second mortgage lenders have the right to disapprove the short sale so we work quickly to learn their requirements.

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