90 Day Short Sale Plan
Steve Horn comes from you today with some great details on his ninety day short sale program. When you come to Steve Horn to have your property listed as a short sale, it is his goal to have your sale completed within 90 days. Let us walk through the 90 day short sale program that we have.
The program starts when we receive the purchase contract. In most cases, it will take two to three weeks to receive a purchase contract on your house. So, from the day we catalog it to the day we get a contract it should take about three weeks depending on the price range. If you have a higher end listing it may take a bit longer.
My negotiators must get your short sale closed within ninety days or they do not get paid. Those are the guidelines for our negotiators. In the initial 30 days my negotiators have to get your file assigned to a lender negotiator and send for an appraisal. The second thirty days is for the lender to collect the rest of the information they need and send it to their investor for written agreement. Written agreement is the most important thing that my negotiators are trying to receive.
When we have get a written agreement from the investor we have the last 30 days of our ninety day program to complete the deal. That is what we are all striving for. We appreciate that if we can get this short sale closed in ninety days, we can avoid all of the problems that can come up.
Keeping inside the 90 day gap, we reduce the likelihood of the buyer backing out and reduce the issues that can arise with your credit score. Furthermore, appraisal issues are reduced and in the end, we stay away from foreclosure.
Get more help from short sale Realtor, Steve Horn, at Homes by the Horn presented by the Steve Horn Team, Short Sale Specialists of Arizona
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