Short Sale Expert!

I am officially a short sale expert! I have closed my first short sale listing! There was a time that I would have turned down a short sale listing or shyed away from short sales altogether. However, as the local market becomes more and more saturated with these types of sales it is important as a Realtor to provide my clients the valuable service of understanding the short sale process and be able to negotiate their interests on behalf of the bank. For those of you that aren't clear on the difference between a short sale and an REO, a short sale is when a loan on the property is greater than the home is worth and the seller needs bank approval on the debt to sell their property at market value. This can be a time consuming and detailed process, but in the end it is very satisfying because the buyer is getting a great deal and the seller has been able to sell his house in a decling market.
Either buying or selling and interested in short sales please let me know and I can guide you through the process.