Short Sale Agent Lincoln CA – What is Short Sale Contingent?

Short Sale Agent Lincoln CA – What is Short Sale Contingent?

Here is my latest Lincoln short sale contingent! This Lincoln condo is in great condition with 3 bedrooms, 2.5 baths, and lots of lovely upgrades.  It’s no wonder my clients accepted an offer within 4 days and even have a backup offer.  This short sale is a great deal at $110,000.

One of the first questions I usually hear from Lincoln short sale buyers is, “What is short sale contingent?” Short sale contingent means that the seller has accepted an offer.  Now, their real estate agent must negotiate with the bank in order to gain short sale approval.  Once the short sale is approved by the bank, the property is considered “Pending Sale” and can continue much like a traditional sale.  Properties labeled short sale contingent have an accepted offer and are usually treated like a pending home.

If you are considering buying or selling a Lincoln short sale, it’s important to work with an agent experienced with short sales. Because of the bank negotiation, Lincoln short sales are very different from traditional sales.  In order to obtain short sale success, pick a short sale agent who has experience working with your lender and understands the short sale process, time frames, paperwork, and negotiation.

See if you qualify to sell your Lincoln home as a short sale.

Short Sale Agent Lincoln CA – What is Short Sale Contingent?

Posted by Lincoln Short Sale Agent – Allan Sanchez – www.AllansHomes.com