Mar 3, 2009

Tip 2-2008: Short Sales

Regarding Short Sales:

Short sales can take a long time to complete. If you have a listing agreement which may require a short sale, have your sellers contact their lender now instead of waiting on a sales contract. Most lenders have the short sale forms online. We have discovered that some lenders can take several months to process a short sale, and the sooner the lender can assign someone to start reviewing the preliminary documents, the less likely there is to be a delayed closing.

If you should have any questions, please feel free to call me at my direct number 434.951.0858 or my cell number 434.981.1946 or email me at

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