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SMS Homeowner Short Sale Most Asked Questions
Solution #1 For Homeowners / Seller's Agents
Solution #2 For Buyer's Agent and Short Sale Buyers
Ideal Candidate:Homeowner currently has an offer and prefers to use a short sale specialist to get bank approval. This solution is also perfect for realtors and attorneys that are too busy to be bogged down with all paperwork and phone time necessary to get short sale approvals.
Ideal Candidate:Seller’s agent with a short sale listing with NO offer and would like to prepare for short sale in order to sell property quickly.
First Step:SMS will ask the agent to collect ALL paperwork needed for the short sale process. We provide a list of items needed. Then we maintain constant communication with homeowners/agents as the process continues.
Q: How is SMS paid for their
Ideal Candidate: Buyers agent that has an offer for a short sale listing who prefers a short sale specialist to negotiate the short sale on their buyer’s behalf, for quicker turnaround and higher odds of getting short sale approval.
Ideal Candidate: Buyers that want to be confident they are getting the best deal possible due to their offer being handled by a trained negotiator or appraiser with inside bank connections and the expertise to justify their offer.
First Step: Buyer’s agent and/or buyer must submit their offer to the listing agent with a “contingency to the offer” using SMS as facilitator. We coordinate the negotiation process with the listing agent and the seller.
Q: How is SMS paid for their services?
Please note:This does NOT result in additional cost to the buyer. SMS will negotiate buyer’s closing cost at least 2% or better for the seller’s lender to pay on their behalf ! These are costs that would normally have to be paid by the buyer. Buyer will have the opportunity to pay the fee through their seller’s closing credits or certified check at closing.