How to Get Your Short Sale Offer Accepted

Keep in mind that not all banks will accept short sale offers.

Depending on an individual bank’s financial situation, some banks are more than willing to negotiate a short sale transaction with you, while others may not be interested at all.

But if you are dealing with a bank that is ready for short sales, there are some things to build into your offer that will help you get it closed.

If you are going to make a low offer, you have to be able to justify it.  So when you build your support story for your offer make sure you individually list all the things that you know are wrong with the house.  Don’t just say the house needs some work.

A bank does not want to take back a house with lots of things wrong with it.  So make sure they know every little thing the house is going to need to make it sellable again.

• Does it have a leaky or aging roof?

• Does it have holes in the walls?

• Is the carpet or floors ruined?

• Does the basement have water in it?

• Does it have bathrooms that don’t work?

• Are the kitchen appliances gone or not working?

• Will the exterior or interior need repainting or repairs to make it sellable again?

Making the lowest possible offer and getting it accepted is how you make money.

Just don’t make a low offer that you cannot support with facts and you’ll do great.

Want some more tips on getting your offers accepted?

Stop over to www.ShortSaleQueen.com.  Happy to help!