Short Sales in Virginia Beach, Va

While short sales are becoming more and more common, and lenders are overwhelmed with foreclosures, it’s still far from a slam-dunk in getting one through the process.

Today we are seeing increasing short sales in every part of the Nation.  Especially here in the Hampton Roads area, including Chesapeake, Norfolk, Virgina Beach, Suffolk, Portmouth, Hampton and Newport News.  Not a single day goes by that you don’t read another article about short sales and foreclosures in our lovely Hampton Roads Network.  Here at Kefffer Realty, we specialize in the expertise and fine art of the short sale along with the foreclosure processes.  I say fine art, since without the meticulous and hard work of a short sale or forclosure expert, the process could turn out to be a long and dreadful experience.  Here at Keffer Realty, we make sure that you are with us every step of they way.  We have several videos that describe the process for start to finish.  A NON short sale expert as many agents are… can get you into a law suit that never ends.

For all of your Chesapeake Short Sale Needs please visit Chesapeake Short Sales.

That never happens to us here at Keffer Realty, as we have been over every bump in the road and then some.  It really helps to have experience when the going gets rough.  Can you imagine having a brain surgeon work on your brain for the very first time… you will hear a lot of UT oh… shouldn’t have cut that and oops… i won’t do that again.  That is never a problem with the Keffer team, as we have been there and done that and we never cut the wrong thing anymore. As a matter of fact we never allow the trainee to experiment with you in any area.

If anyone of our agents is new in the particular area of expertise, we carefully monitor him or her every step of the way.  That way you are never in the hands of a neophyte real estate agent.  We value you and we value your business.  We just cannot afford to have anyone out there bad mouthing our business.

As I mentioned earlier, the huge quantity of short sales and foreclosures out there are just simply overwhelming.  One thing for sure, none of them are a slam dunk… its simply hard work and determination all the way.

Below I will provide several important tips to consider when we handle a short sale for the seller and when we handle the short sale for the buyer.
Many of the tips are similar, however we stress the particular importance to the seller or buyer depending on which one we represent.

For all your Norfolk Short Sale Needs please visit Norfolk Short Sales.

Even as experienced short salers and foreclosure experts, we must continually study to keep up with all the changes as they occur.  It not unusual for some of the procedures to change between the last time you did a short sale and the next one… and that makes every day a challenge… and a danger of a pitfall that could get the unsuspecting seller or buyer in deep trouble.  Not to worry, in the hands of a Keffer Realty Short Sale expert that will never happen.

When beginning the Short Sale process, one of the very first things you will want to do is get a hold of any Lender Short Sale Forms… study them from front to back to ensure that nothing it the forms is illegal and second to make sure you do not overlook an important facet that could delay the short sale unnecessarly.  Remember here at Keffer Realty we pride ourselves on always keeping on top of the Short Sale and Foreclosure process.

Its important that the agent become very knowledgable about the time line of all the forms, as not only is it important, but we want to maintain our reputation as the Top short sale and forclosure experts in the area and beating all the Lender time lines will make them send us future referrals.

Pay particular attention to where the seller is in the payment process, just exactly how many payments are they behind.  The closer they are to current will make the lender more likely to accept the offer… since the lender tenda to lose less in the overall process.

It is important to be on top of the actual type of loan that the seller is dealing with… is he into a FHA, VA, Conventional  or just exactly what is his loan, as each type of loan have totally different rules for the processing of the short sale.  Be totally aware of all the details.

For all your Short Sale Needs in Virginia Beach, please visit Virginia Beach Short Sales.

Short Sales:
Quiz the seller about any leins on the home, as the seller may forget that he recently took out a loan on the house just a few weeks ago. Sometimes it slips their mind accidentally, and sometimes they just dont’ tell you about the situation afaid to make the situation worse…. believe me, if there is something you do not know about it will make the situation much worse… stress this need to be forth coming about everything to the selller… Its easier to deal with the problem up front than on the back end when ready to close.

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Alan M. Keffer | Broker | 409 Slate Street | Chesapeake, Virginia | 23322
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