Short Sale Services

Short sale services, ranging from agents to lawyers, are available to provide homeowners assistance throughout the difficulties of a short sale. As soon as a short sale has been approved by its lender, the remainder of the process is placed into the hands of the homeowner. Without the necessary experience, however, much of the process can prove quite difficult. Homeowners may be able to ease the process by using short sale services, who are equipped to help each step of the way.

Even before requesting a short sale from the lender, it is wise for the homeowner to determine property value by means of a Comparative Market Analysis. Completing this step will require a real estate agent or other property assessment professional. After this, short sale services will be needed in the form of a lawyer, who can provide advice and the necessary legal guidance upon consultation. Lastly, with the final approval of the lender, the homeowner can proceed to finalizing the sale; however, this step may be best served using an agent or other service that can provide the necessary legal contracts.

Fast Facts

  • As many as 40 percent of home sales can be either short sales or foreclosures

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