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Tools for agents: short sale addendum

SHORT SALES “ REVISED FORMS AND NEW RESOURCES
By K. Michelle Lind
A short sale is a real estate transaction in which the sales price is insufficient to pay the liens encumbering the property and sale costs, but the seller is unable or unwilling pay the difference. With the current market conditions, short sales continue to be commonplace [...]

Tools for agents: The short sale workflow

The Short Sale Workflow
Spring, 2008
What the Listing Agent Should Know to Successfully Negotiate a Short Sale
THIS SHORT SALES WORK FLOW IS AN EDUCATIONAL TOOL INTENDED TO GIVE BROKERS AND SALES ASSOCIATES A COMPREHENSIVE OVERVIEW OF THE SHORT SALE PROCESS (LISTING, MARKETING, NEGOTIATING AND CLOSING PROPERTIES SUBJECT TO A POTENTIAL SHORT SALE). IT IS NOT INTENDED [...]

Tools for agents: Are you qualified to do a short sale?

by James J. Tsighis, GRI, CRS, CRB, ABR, e-PRO, Master Real Estate Society, TAR Forum
You have no business doing a short sale unless…
You know what you are doing.  And how do you know if you know what you are doing? Well, for starters, make a diligent effort to qualify your competency and knowledge on the [...]