Fairfax VA – If you’re thinking about short selling your Fairfax VA home, it is important that you pick the right agent to assist you in the process.
These transactions are much more difficult and complicated than your average real estate transaction as so you’ll want an experienced Fairfax VA realtor who knows what he’s doing.
Fairfax VA home owners typically only have one chance at a short sale if their home is facing foreclosure. If your first agent isn’t competent, then you risk losing your house to foreclosure. Then you’ll be waiting another 5 to 7 years to buy your next house.
Thus, take your time when picking the Fairfax VA real estate with whom you’ll be working. First, ask the agent why they qualify to help you. Do they have any special short sale training or designations? You’ll likely find that many agents have taken specialized training and education in order to keep up with current trends in the Fairfax housing market.
Next ask them about their experience selling short sales. An agent who has closed a few short sales is a lot better prepared than an agent that has not.
After that, ask the agent is they have closed any short sales with your lender. Because every lender handles short sales a little bit differently, it behooves you to work with a real estate agent who has experience with your particular lender.
Next, ask the agent how they negotiate their short sales. For instance, the real estate agent may do the follow up themselves or they may hire a competent title company or loss mitigation company to do it for them. Either way is fine, just make sure you know which method your real estate agent will ultimately use.
Thinking about a short sale? I can help you short sale your property and never pay the bank another penny.
Thanks for reading this,
Thierry is a Real Estate Agent at RE/MAX Premier, and Host of Talk Radio’s, ‘Inside Real Estate’
Phone: (703) 322-0600.
Thierry is an advocate for Homeowners in Distress. Thierry has made it his personal mission to help as many people as possible avoid foreclosure and keep their home.
Thierry Roche specializes in loan modifications and short sales in Fairfax Virginia. Fairfax Loan Modification Help. Fairfax Short Sales. Fairfax Short Sale Realtor. Fairfax County Short Sale Realtor. Fairfax VA Short Sales. Fairfax Realtor.
Copyright 2011 Inside Real Estate, LLC. All Rights Reserved.
This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Roche’s personal views and do not reflect the views of RE/MAX Premier. This information is provided as a courtesy to our viewers to help them make informed decisions.