The Short Sale 411

The DavisResnick Group specializes in short sales in Annapolis, Anne Arundel MD, Baltimore County & City, and Southern MD!

Don't Let Your Home go to Foreclosure!

Top 10 Questions for a Seller to Ask A Prospective Short Sale Listing Agent

1. Have you CLOSED short sales with multiple liens and different lienholders? (How many liens are there on the property? ) How many?

First or first and second or HELOC, HOA, Condo, Special Assessment, Tax? If the 1st and 2nd aren't with the same servicer, challenges in obtaining multiple approvals from different lender/servicers are compounded. Second lien holders and HELOC holders can be extremely difficult and are very adept at killing deals. Your agent had better have experience with these situations if you want the best chance for a good outcome.

2.Would you say you are an "expert" at short sales?

Taking a two day course in short sales, which is what many agents do, does not make you an "expert."  We have been successfully closing short sales since 2007. 

Fill-out our questionnaire below for more information.  We can answer your short sale questions!

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