SHORT SALE MYTHS Exposed - When things are done the "Right Way"

By
Real Estate Agent with Godzyk Real Estate Services

SHORT SALES are one of the most asked about topics. The problem starts that there are no one set of rules or regulations that can guide you through one. Here in the Manchester NH as most other areas, there are Home Owners getting Foreclosed on because the may have chosen the "wrong" agent to handle the sale. Buyers are affected as their purchase is rejected.

There are some comments fresh in my mind, that I hear mor ethan any other and that is "I wish I would have known".

THE WRONG WAY


1. Listing your home with an agent that is Out of State

2. Listing your home because of a Flashy AD you saw on TV or in the paper.

3. Listing your Home with an agent who is "in-experienced" with Listing, negiotiating and Selling Short Sales.

4. Listing your home with an agent who will "Under Price" it to attract more buyers.

5. Listing your home with with a big name company becuase your perceive bigger to be better.

THE RIGHT WAY

1. Know what is the TRUTH and what is a MYTH
a. The bank is not the seller in a short sale - the home owner is the seller.
b. The listing agent works for the home owner - not the bank.
c. The bank does not set a list price - the listing agent does.
d. The home owner accepts the offer - their bank must then approve the sale

2. List your Home with a LOCAL agent who is well experienced in your area.

3. Experience with short sales is more important than flashy TV or Newspaper ads. Choose an agnet who not only specilaizes in List Short Sales, but who will guide you through the process and get your sale approved and sold.

4. You should not be the Trial and error part of the learning curve where a new agent gets their experience in the world of short sales at your expense.

5. Your home should be priced at or just below market value. Homes priced much below market value can doom your short sale before it starts as banks usually will not approve short sales with such low prices. Listing or trying to sell too low could lead to a rejection of your sale.

 

IN CONCLUSION If you owe more than your house is worth, if you are behind in your payments or if you have to move. A Short Sale could be for you. The most important tips is to list with an agent who is well experienced in listing, negotiating and selling Short Sales. If you live in NH, call me first. I use a professional negotiator that works on the sellers behalf when negiotiating with the bank at no cost to you. Most often the home owner can complete a short sale at no cost to them.

Tomorrow we will Blog on Short Sale MYTHS you will want to read.


It does not take magic to turn your "For Sale" sign into a "Sold" sign. it takes a full time Local Agent who specializes in Listing homes like yours.

 

* WE NEED HOMES TO SELL!!!! IF YOU ARE THINKING ABOUT SELLING YOUR HOME? NOW IS THE TIME!!!!!

* WE OFFER A FREE MARKET ANALYSIS to let you know what your home is worth in Today's Market.

 

If you need to sell your home and you owe more than your house is worth, i may be able to help. I specialize in working with home owners to get your home sold. There are many options such as a short sale whcih may be able to help you.

Please try and avoid out of state or out of town agents and companies that make "out of this world promises". We are local agents with experience who never charge any up front fees. WE GET RESULTS!!!

 

We stand by you through every step in selling your home.

 


PLEASE SEE MY "TOP" TIPS FOR BUYING A HOME

 
 
 

PLEASE SEE MY "TOP" TIPS FOR SELLING A HOME

 

 
 

 

SUPPORT LOCAL BUSINESS!!!
 

ONE OF NEW HAMPSHIRE'S LEADING AGENTS FOR SHORT SALES AND BANK OWNED HOMES...

If you are Looking for a Real Estate Agent you have come to the right place. Scott Godzyk is a Full Time and Local agent ready to serve all of your Real Estate needs through each step of the buying or selling process. We are proud to be locally owned and operated.

If you owe more than your house is worth, If you are behind in your payments, I may be able to help. Call me to find out how you may be able to sell your home at no additional cost to you.

Scott Godzyk is the Owner/Broker of The Godzyk Real Estate Services located in Manchester NH. With 25 years of Real Estate experience Scott specializes in Listing and Selling Bank Owned Homes, Short Ssles, Residential Properties, Condominiums, New Construction and Investment Properties. Scott services the counties of Hillsborough, Merrimack, Rockingham and Belknap. To contact Scott Godzyk please call 603-661-2121 or email sctprop@aol.com. his website is www.ScottSellsNH.com.

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Rainmaker
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Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales a

A local agent with experience in short sales can make all the difference Scott.

May 26, 2012 06:50 AM #1
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Another excellent post, Scott.

Have a very special Memorial Day weekend, with your camera in hand.

May 26, 2012 07:12 AM #2
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John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Scott,  You nailed it!  Work only with a local, seasoned and knowledgeable agent in a Short Sale transaction. You will likely enjoy and a successful transaction and keep you out of possible foreclosure proceedings.  Rock steady, persistence, tenacity, skills and knowledge..a must for short sales.

Call Scott Godzyk (603-661-2121) for your Short Sale Transaction

May 26, 2012 08:46 AM #3
Rainmaker
366,662
Cathy Bureau
www.GreenHomeRealty.com - Alamo Heights, TX
Your Personal Real Estate Concierge

Hi Scott-

It's always good to clear up myths and facts.

"5. Listing your home with with a big name company becuase your perceive bigger to be better."

My favorite comment you made is #5. Most consumers don't realize we are independent agents.  It's not about the brand, its about the service and expertise. Nice job.

 

May 27, 2012 05:09 AM #4
Rainmaker
1,129,760
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Thank You for your comment AL

May 27, 2012 05:14 AM #5
Rainmaker
1,129,760
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Thank You Roy, Have a Great Memorial Day Weekend

May 27, 2012 05:14 AM #6
Rainmaker
1,129,760
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

John Thank You for the kind words

May 27, 2012 05:15 AM #7
Rainmaker
1,129,760
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

CATHY you are so right, it is not about the Big NAME, it is about the BIG SERVICE agents like you and I offer.

May 27, 2012 05:15 AM #8
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Rainmaker
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Scott Godzyk

One of Manchester NH's Leading Agents
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