How Does a Short Sale Work in South Carolina?
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SCHomeBuyers.net is Charleston South Carolina's solution for foreclosure! Contact us and we immediately talk to the seller's mortgage company and find out any special items they may request and then work with them to ensure we have everything they need at that time, and that they are willing to move forward. Then, we submit an offer with the bank and start negotiating with them since this process takes a couple months. A real estate agent lists the property and does not work with the bank until an offer from the end buyer is received (...if one is received). Then, that buyer must wait between weeks to months after this listing period until the bank will start working with the offer. The only problem with this is that the end buyer may not be willing to wait that long as it gets pushed longer and longer with the bank. So, they may walk away.To make things a bit harder, many agents have not worked on a short sale. Many are saying they can work them because they have taken a one day short sale or foreclosure training, but do not know the steps that must be taken if an offer is submitted to a bank. They may not know how to get around the fact that the bank will not return their calls, the loss mitigator will not take the deal to their investor, the bank says they never waive a deficiency judgement against the seller, or HOW to truly negotiate with the bank. Most agents are NOT handling the negotiations with the bank themselves and instead turn the contract over to another coordinator to handle the entire process.. SCHomeBuyers.net works with banks and sellers to liquidate houses in South Carolina BEFORE there's a foreclosure on the sellers credit. We want to help sell your home now, so you can move on as quickly as possible. What do I need to do to get started?
Just Fill out our brief property information form for your Charleston South Carolina home to Stop Foreclosure now and sell your house fast with a short sale. |
