Selecting a Short Sale Realtor San Diego, CA

Posted by RaynaJess on January 12th, 2013

Can you not afford your home in San Diego, Ca. anymore, and you are afraid to face foreclosure?  You might be eligible for a short sale, or a pre-foreclosure sale.  This is the process of selling your home at a price which is less than the balance of your mortgage.  You can use the proceeds from this short sale to pay off a portion or the entire balance of the mortgage.  You might also be qualified the HAFA, or Home Affordable Foreclosure Alternatives Program.  This is a government agency that offers help to homeowners who are facing foreclosure. Learn more from short sale realtors.

Should you decide to do a short sale in San Diego, be sure to choose your short sale realtors very carefully.  There are factors to consider when you are hiring the best realtor San Diego, CA. Don’t just fall for some who claim that they are specialists in the field of short selling properties.  The business of short sales should be handled differently, so here are the lists of factors.

Short sale realtors should be experienced in closing short sales. It means that if a realtor San Diego CA. has done more short sales than the others that realtor has more experience and it will be for your interest if you can work with him. You might meet some real estate agents who will try to encourage you with their fast talks and their claim that they are specialists.  They might even tell you that they took a short sale class and that they have a certification.  Always remember that certifications do not make an agent a specialist in short sales.

The short sale realtors should be experienced working with your bank.  If your bank is a small institution, it might be difficult to find an experienced realtor who has actual experience with your bank.  The realtor San Diego Ca that has a legal competence to handle your short sales are those who have worked with the top major banks:  Bank of America, One Main Financial (CitiMortgage), Wells Fargo Bank, and JP Morgan Chase. Stay away from real estate agents claiming that they can help you fight deficiency and taxation judgments because they know the government agency’s hotline.  Don’t forget that no such hotline exists.

The short sale realtors should be experienced in selling homes in your own town.  This is the 3rd characteristic that you should find in a realtor San Diego, Ca.  He should know how to process a short sale and how to head off potential issues before they even come.  He should know how to market your home to the buyer and keep him constantly interested in waiting for approval.

Other factors that need to be considered in choosing a realtor for your short sale include his being appealing to buyers in your area, as well as being well known and respected in your community.  Your realtor should be a dealmaker not a deal breaker. Respecting other agents and creating win wins when structuring the deal will ensure your escrow closes on time.  And, as important as the other factors, the realtor should be able to give you guidance in correctly pricing the short sale via a comparative market analysis.

Realtor San Diego CA is by far considered the best in its job and hence they are amongst one of the reputable short sale realtors in CA.