Blog Series: Steps To A Successful Short Sale Close – Purchase Offers

Blog Series: Steps To A Successful Short Sale Close – Purchase Offers

Short Sale Solutions

We are releasing a seven part blog series of the steps to complete a successful short sale transaction with us, Short Sale Solutions. We will walk you through, step-by-step, the process as well as how you can have an exceptional service handle your file and also retain your full commission.

Step Four: Purchase Offers

  • Review all purchase offers with your seller
  • Position a backup offer (or two) in the event that the current buyers decide to change their minds
  • Choose the offer with the best chance for a successful short sale (we are happy to give you our opinion)
  • Prepare the Counter & Addendum, as well as Short Sale Solutions’ Fee Agreement
  • Collect and submit the Buyer’s documentation.
    • Once the Purchase Agreement and the Counter, Addendum and Fee Agreement has been accepted and signed. Then you must also collect the following from the Buyer:
      • Fully executed Purchase Contract & support documents
      • Counter & Addendum
      • Fee Agreement
      • Buyer’s Proof of Funds and/or Lender Pre-Qualification

 

Blog Series: Steps To A Successful Short Sale Close – Purchase Offers

Short Sale Solutions

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>