Short Sale Rocklin-Why Would My Lender Agree to a Short Sale?

Short Sale Rocklin-Why Would My Lender Agree to a Short Sale?

Lenders have incentive to negotiate a short sale with a distressed Rocklin homeowner.  For example, if your lender took back your home as a foreclosure, they would become responsible for the maintenance, HOA fees, utilities, and other fess.  They would also be responsible for any vandalism, squatters, or damage done to the property.  Foreclosure can take many months.  Once it’s for sale as an REO it’s often in much worse condition than comparable short sales.  For these reasons, it is in the best interest of many lenders to agree to a short sale.

Lenders will look at your financial situation as well as the current real estate market to determine whether or not to agree to a short sale.  Using a Rocklin short sale expert for your short sale will increase your chances of a successful short sale because experienced short sale agents know what to submit to the lender and how to submit it.   

See if you qualify for a Rocklin short sale.

Short Sale Rocklin-Why Would My Lender Agree to a Short Sale?

Posted by Allan Sanchez Rocklin Short Sale Agent www.AllansHomes.com