Folsom Short Sale Approved & Foreclosure Postponed

By
Real Estate Agent with Roseville CA & Rocklin CA Short Sale Agent Broker DRE#01247876

Folsom Short Sale Approved & Foreclosure Postponed

Folsom Short Sale Approved & Foreclosure Postponed

Many people don't know that starting the short sale process will postpone a foreclosure date.  1572 Thurman Way is my latest Folsom short sale approved by Bank of America.  This Folsom home had a foreclosure date of March 15th but because a short sale was initiated, the foreclosure has been delayed and will sell as a short sale instead!

Folsom short sales are much preferred for most sellers compared to walking away and letting the home go to foreclosure.  In a short sale, credit scores are less damaged.  Sellers can also qualify to buy a home in 2-3 years compared to 3-5 years with a foreclosure.  In a short sale, seller's can stay in the home until it closes and not be worried about the uncertainty of a foreclosure.  Short sales provide much more control and are usually less emotionally damaging than a foreclosure. 

If you are considering selling your Folsom home as a short sale, it's important to work with a real estate agent who specializes in short sales.  Short sales are very different from traditional sales because the bank is involved.  Folsom short sale agents know how to negotiate with the bank on behalf of the seller, submit a complete short sale package, follow up regularly, and push for a short sale approval.  Agents without short sale experience don't know what to do once they get an offer and can jeopardize the short sale by wasting valuable time trying to figure out how to proceed.  Interview a few agents to pick the best one for you!

See if you qualify to sell your home as a Folsom short sale.

Folsom Short Sale Approved & Foreclosure Postponed


Posted by

Keller Williams Realty-Roseville

916.205.2265

www.AllansHomes.com

AllansHomes QR Code

*Allan Sanchez is a licensed real estate broker in the state of California and does not give legal or tax advice regarding short sales and other real estate sales.  Please consult a real estate attorney or CPA for any legal or tax questions.

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California Sacramento County Folsom
Tags:
folsom short sales
bank of america short sale folsom
short sale specialist folsom
short sale folosm

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