UTAH Short Sales: Negotiation Tip - Don't Get Insulted By Lowball Offers

salt Lake City, UTAH – Some buyers will think that since your house is a short sale, then they can make any lowball offer.

Many sellers get offended over their offers and turn them away. After going thru many short sales we have actually found that lowball offers are not necessarily a bad thing. Let me explain why.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

So you get the advantage of getting a good deal. Now, I am sure you are asking, “Why are short sales a bargain?”

After you accept the buyer’s offer you have to wait for your lender to approve the short sale. This process can take from thirty to ninety days.

That gives the buyers lots of time to sell themselves on the house. They drive their friends past it. They drive their parents past it.

“That is the house we are trying to buy”, they tell them. “That’s a nice house. I think you are making a great decision”, their friends and family tell them.

The short sale lender will order an appraisal of the house. They will come back and say that they will not accept a sales price much lower than the appraised value.

We tell the buyers that the short sale lender has ordered and appraisal. The appraisal came back at X, and the lender won’t allow the property to sell for less.

At that point most buyers agree to pay the price. We have seen buyers agree to pay 5-10% more than they had originally offered.

We feel that it is because they had time to “sell” themselves on the house. What do you think? Let me know by commenting below.

Thinking about a short sale? I can help you short sale your property and get back on your feet. Send me an e-mail at ForsieCity@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (801) 651-0707

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Bountiful loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Dave Forsberg.

Dave is a Real Estate Agent at Presidio Utah Real Estate - Bountiful. Utah Short Sales Realtor:

Phone: (801) 651-0707. ForsieCity@gmail.com.

Greater Salt Lake Short Sales. Real Help for those that need it most.

Need to sell immediately,  we buy homes no matter what condition they are in Call me at 801.651.0707 and we will discuss the details.   Best part we close in 7 days or less.

David Forsberg specializes in loan modification assistance and short sales in Bountiful Utah. Bountiful Loan Modification Help, Bountiful Short Sales. Bountiful Short Sale Realtor Bountiful UT Short Sales. Bountiful Realtor. North Salt Lake Realtor, North Salt Lake Short Sales. Short Sales in North Salt Lake. Woods Cross Short Sales. Short Sales in Woods Cross. Woods Cross Realtor. Sunset Short Sales. Short Sales in Sunset. Sunset Realtor. Kaysville Short Sales. Kaysville Realtor. Short Sales in Kaysville. Salt Lake City Short Sales. Short Sales in Salt Lake City. Salt Lake City Realtor. Centerville Short Sales. Short Sales in Centerville. Centerville Realtor.
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A Common UTAH Short Sale Mistake: Waiting Too Long To Put your Home On The Market

Salt Lake City UTAH – Many homeowners think they have lots of time. “We’ll put out home up for sale in a few months. I know the bank is working to foreclose on it, but we can wait”, they say to themselves.
In order to have a successful short sale, then your agent will need time to submit everything to the lender and for them to process it.

In addition, it can take a month or more for your home to sell. Buyers don’t always materialize in 2-3 days.

If you are less than a month away from a foreclosure sale date, then we can help you. But every day after that makes it harder.

If you are less than a week away from a foreclosure sale, then it is unlikely we can help you. Your lender will have spent months and thousands of dollars on attorneys to get to that point.

They don’t want to waste all that time for nothing. Are you are working on a loan modification, but have short sale as a backup option?

In that case, you can make the short sale process easier by preparing all your documents ahead of time. If you have all of your financial documents prepared, then submitting the short sale will be quick and easy.

That alone will save a lot of time and make the odds of a successful short sale more likely. Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at forsiecity@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (801) 651-0707

Discover how other sellers successfully completed a short sale and request a free consultation by calling me at 801-651-0707 

Thinking about a loan modification? Our Utah loan modification kit has the instructions you will need to get a loan modification approved with your bank.

Thanks for reading this, Dave Forsberg.

Dave is a Real Estate Agent at Presidio Utah Real Estate. Utah Short Sales Realtor:

Phone: (801) 651-0707.
Email:forsiecity@gmail.com.

Greater Salt Lake Short Sales. Real Help for those that need it most.

Need to sell immediately?  We buy homes in ANY CONDITION and can close in 7 days or less.   Call me Dave at 801.651.0707 and let's discuss your options!

David Forsberg specializes in loan modification assistance and short sales in Bountiful Utah. Bountiful Loan Modification Help, Bountiful Short Sales. Bountiful Short Sale Realtor Bountiful UT Short Sales. Bountiful Realtor.

Important Notice
Dave Forsberg, Presidio Utah Real Estate  are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why? 

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit. 

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification. 

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision. 

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. 

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale. 

The views expressed here are Dave's personal views and do not reflect the views of Presidio Real Estate.


This information on A Common UTAH Short Sale Case Mistake: Waiting Too Long To Put your Home On The Market is provided as a courtesy to our viewers to help them make informed decisions.

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