Watertown, MN. (PRWEB) October 26, 2012
“People who are looking to sell their home in a short sale are typically having what is referred to as a hardship,” the experienced Watertown short sale agent Kris Lindahl explains. Kris adds, “These people are not sure which way to turn, and have many questions about short sales including, is there a cost to doing a short sale.”
Kris Lindahl, a #1 Edina Realty short sale agent says, “Lenders in the short sale process, normally want to see a hardship letter in which the homeowner describes their hardship, and why they are requesting that a short sale of their home be approved. Obviously, money is a big issue throughout the entire process, and everyone wonders with each step, is there going to be a cost to doing a short sale. Over and above the hardship letter, lenders require a number of additional forms prior to approving a short sale proposal. All those requirements beg the question of, is there a cost to doing a short sale?"
"The necessary documents are normally documents like financial records and HUD sheets," Kris Lindahl explains, and continues, "Documents that deal with the purchaser of the house are also a type of necessary documents. Put another way, if there is no buyer for the home in question, there can be no short sale. Such documents as a listing agreement for the house, a contract for the sale of the home, plus written evidence of the buyer’s financial ability to buy the house are what lenders also want to see. With all that, no wonder there are concerns about, is there a cost to doing a short sale."
"The person that is trained to assemble the people, and all of the records together, is known as the short sale agent. A short sale agent can also fully address concerns over whether there is a cost to doing a short sale," Kris Lindahl, the experienced Watertown short sale agent says.
“There are a number of steps, and many ways in which people can feel overwhelmed during the short sale process. So while gathering the appropriate information, including, is there a cost to doing a short sale, is something all homeowners facing possible foreclosure should find out," Kris Lindahl explains.
"The short sale is basically the marketing and selling of a home via an agreement negotiated with the mortgage lender to pay off the mortgage for a figure less than the amount that is owed," the experienced Watertown short sale agent Kris Lindahl explains. "However, hiring an experienced short sale professional to help with the short sale process is a practical way to handle the situation, and to assess if there is going to be a cost to doing a short sale? A short sale agent knows how to take charge of the short sale process. In order to bring it all together, having a top short sale agent is key."
Call the experienced Watertown Short Sale Agent Kris Lindahl on the new national short sale hotline (877) 371-1733 for short sale information. Visit the new national Short Sale Calculator website to determine short sale eligibility.