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How to Buy a Short Sale in Sacramento

Buying Short Sales In Sacramento Is Getting Easier, But Be Sure To Use a Specialized Short Sale Agent!

Buying a  short sale in Sacramento, or any other area for that matter, is not easy, but is getting easier.  Here in the Sacramenot Real Estate Mareket, 26% of all closings in the last quarter of 22009 were short sales- Yet in some areas, over 70% of active listings area short sales.  Why the varience?  Some short slaes are jjust a “Mirage’.

Especially if you are looking for your first home, you really need to become educated in the short sale process and the real estate process as a whole.  If you have heard about short sales and the great deals you can get, you really need to understand what a short sale is and why discounts are given by the lender.  Learn how to become a new home owner from a certified short sale specialist.

Forth Hoyt, founder of WereHereToHelp.org, and a Sacramento Short Sale Specialist, deals with short sales every day.  All day and every day- Short sales are their business. He and his staff at The Short Sale Division Of The Hoyt Group are very familiar with the short sale  negotiation process. Don’t rely on the advice from just any agent.  Rather, check credentials, ask for referrals and look for a Short Sale Agent that has a strong track record. Which banks they have worked with, do they list short sales themselves?  How many short sale  transactions have they done.  Do they have several CPA’s and Real Estate Attorneys can they refer you too? Do they collaborate with other agents and real estate professionals? Ask questions!!! Not all short sales are “good” deals. To find out more, simply watch the video below and feel free to contact Forth directly at (916) 316-3810.

[youtube]http://www.youtube.com/watch?v=ROKJ2gnywBY[/youtube]

Thinking Of a Sacramento Short Sale Purchase? It’s Not For Sissies!!

Sacramento Short Sales Now Over 25% Of All Closings!!

PUT THE FORM RIGHT HERE

Buying A shortsale?

Short Sale Buying in Sacramento

Sacramento Area Short Sale Specialist Gives Short Sale Advice

Courtesy Sacramentorealestatetalk.com

Are you looking to buy a new home? Are you thinking that n

ow’s a great time to find bargains? Before you make an offer, it pays to know a little about the seller’s situation.

If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. Many more home owners are finding themselves in this situation due to a number of factors, including job losses, aggressive borrowing against their home in the days of easy credit, and declining home values in a slower real estate market.

A short sale is different from a foreclosure, which is when the seller’s lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure. But a short sale holds many potential pitfalls for buyers. Know the risks before you pursue a short-sale purchase.

You’re a good candidate for a short-sale purchase if:

If you’re serious about purchasing a short-sale property, it’s important for you to have expert assistance. Here are some people you want to work with:

Some of the other risks faced by buyers of short-sale properties include:

The risks of a short sale are considerable. But if you have the time, patience, and iron will to see it through, a short sale can be a win-win for you and the sellers.

* Not all real estate practitioners are REALTORS®. A REALTOR® is a member of the NATIONAL ASSOCIATION OF REALTORS® and is bound by NAR’s strict code of ethics.

Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? Before you make an offer, it pays to know a little about the seller’s situation.

If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. Many more home owners are finding themselves in this situation due to a number of factors, including job losses, aggressive borrowing against their home in the days of easy credit, and declining home values in a slower real estate market.

A short sale is different from a foreclosure, which is when the seller’s lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure. But a short sale holds many potential pitfalls for buyers. Know the risks before you pursue a short-sale purchase.

You’re a good candidate for a short-sale purchase if:

If you’re serious about purchasing a short-sale property, it’s important for you to have expert assistance. Here are some people you want to work with:

Some of the other risks faced by buyers of short-sale properties include:

The risks of a short sale are considerable. But if you have the time, patience, and iron will to see it through, a short sale can be a win-win for you and the sellers.

* Not all real estate practitioners are REALTORS®. A REALTOR® is a member of the NATIONAL ASSOCIATION OF REALTORS® and is bound by NAR’s strict code of ethics.

Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? Before you make an offer, it pays to know a little about the seller’s situation.

If a home is being sold for below what the current seller owes on the property—and the seller does not have other funds to make up the difference at closing—the sale is considered a short sale. Many more home owners are finding themselves in this situation due to a number of factors, including job losses, aggressive borrowing against their home in the days of easy credit, and declining home values in a slower real estate market.

A short sale is different from a foreclosure, which is when the seller’s lender has taken title of the home and is selling it directly. Homeowners often try to accomplish a short sale in order to avoid foreclosure. But a short sale holds many potential pitfalls for buyers. Know the risks before you pursue a short-sale purchase.

You’re a good candidate for a short-sale purchase if:

If you’re serious about purchasing a short-sale property, it’s important for you to have expert assistance. Here are some people you want to work with:

Some of the other risks faced by buyers of short-sale properties include:

The risks of a short sale are considerable. But if you have the time, patience, and iron will to see it through, a short sale can be a win-win for you and the sellers.

* Not all real estate practitioners are REALTORS®. A REALTOR® is a member of the NATIONAL ASSOCIATION OF REALTORS® and is bound by NAR’s strict code of ethics.

Courtesy: YOUR INTERACTIVE MAGAZINE
Note: This article provides general information only. Information is not provided as advice for a specific matter. Laws vary from state to state. For advice on a specific matter, consult your attorney or CPA.