Hopefully you watched our other video about pricing or possibly read our post at Gahomedigest about How to Price Your Home, but those post and this one go hand and hand if you are a short sale seller. This is all part of the short sale process – pricing your home!
Pricing your home to sell as a short sale seller is crucial. It could mean the difference of going into foreclosure or not. If you are not using the Jarvis Team, then you must be instruct your agent to be as aggressive as possible, without being ridiculous. This post isn’t about finding comparables or understanding market value, it’s about the short sale process and pricing your home correctly (low) to get it to sell for the highest possible amount.
I decided to review Chateau Elan Short Sales to see if there were any oustanding deals. What I found was amazing, there are homes there at 50% off. The photo here isn’t clip art, this is the foyer of a home in Chateau Elan that is selling for about half of what it was originally.
What amazed me was that the number of short sales available was low and that the effort put into selling them was so low. Several of the homes don’t have photos! I understand if you don’t take a photo of a $60K house, but a home that used to retail in the Millions should have some good photos.
Stay tuned for our report on why luxury short sales are easier than regular ones!
A while back I did some research on some popular neighborhoods in the area and their short sales. Two things that came up was: 1. Most people who live in these popular neighborhoods were not aware that short sales were an option. 2. Many buyers didn’t even look in these areas, they thought that these [...]
Do you do your own research and actually review the guidelines for short sales are do you just take the word of someone who benefits? Technorati Tags: jarvis, misconception, patience, short sale, video
Where do you get your Short Sale Information? (Part one) Where do you get your information on Short Sales? How about bankruptcy? Are you getting it from people who profit from it (Like me) or are you doing your own research? This Short Sale Video goes in-depth talking about why you should do your own [...]
In our first post on Foreclosure VS Short Sale we talked the about the pros and cons. However, now that it is abundantly clear to everyone why you should do a short sale we thought it was time to address the most glaring issue in a short sale situation, and that is Mindset. Someone’s mindset [...]
The more short sales simplify the more they get complicated, instead of complaining about it here, I thought I would show you from quotes from e-mail correspondence with GMAC Loss Mitigation department: Hi, Thank you for submitting an offer. I have a counter offer for your offer. If possible, you should reply to this note [...]
[media id=5] Citi or Citibank short sales are very simple when you know what to do. They have their own set of forms to fill out and they process very quickly once you have those forms. The forms can be found on their website or simply have them faxed to you by calling your bank. [...]
[media id=3] We recently recorded a video (got to learn how to use a mic) about a Wells Fargo Short Sale. Here we go into why we like Wells Fargo Short Sales. Wells Fargo is the most consistent of the banks we typically deal with. They also seem to be the most lenient when it [...]
Every month as more and more short sales come to our team, we’re still amazed with how fast Wells Fargo (or rather ASC) moves the short sale through. In fact, it’s so amazing that we’d almost pay just to work with Wells Fargo Short Sales. A Wells Fargo short sale will take less time to [...]
