One of the key elements to selling a house as a short sale will be proving a hardship. See my post on hardships.
When I list a short-sale I provide my clients with some choices for a short-sale negotiator, this is the person who will be working with your lender. The sellers lender will typically pay the costs to sell the house, from the real estate fees to the negotiator fees. There still may be some associated fees which the negotiator may be able to explain and will often depend on the lender.
Buying or selling, every case is different and there are no guarantees, but working with a professional who has experience in short-sales is the key. The process is longer, more complicated, and the factors for listing can be different than a traditional sale. I go over all this with my clients.
If you have any questions, or need help, please contact me.
-Just my thoughts. -Jenn Cote
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