Steve Horn comes from you today with some great details on his ninety day short sale program. When you come to Steve Horn to have your house listed as a short sale, it is his objective to have your sale completed within 90 days. Let’s walk through the 90 day short sale plan that we have.
The program starts when we receive the purchase contract. In most cases, it will take two to three weeks to receive a purchase contract on your property. So, from the day we list it to the day we get a contract it should take about three weeks depending on the price range. If you have a higher end listing it might take a bit longer.
My negotiators have to get your short sale completed within 90 days or they do not get paid. Those are the rules for our negotiators. In the initial 30 days my negotiators have to get your package assigned to a lender negotiator and order an appraisal. The second thirty days is for the bank to gather the rest of the details they need and send it to their investor for written approval. Written approval is the most crucial thing that my negotiators are trying to receive.
When we have receive a written agreement from the investor we have the final 30 days of our 90 day program to complete the deal. That is what we are all motivated for. We understand that if we can get this short sale closed in 90 days, we can keep away from all of the problems that can arise.
Keeping inside the ninety day period, we lessen the probability of the buyer backing out and diminish the issues that can come up with your credit score. In addition, appraisal issues are reduced and ultimately, we stay away from foreclosure.
Get more help from short sale Realtor, Steve Horn, at Homes by the Horn presented by the Steve Horn Team, Short Sale Specialists of Arizona