There are some home buyers for whom a short sale just doesn't work, even if it's a perfect home in Laguna West with RV parking, because they simply cannot or will not wait for the short sale to be approved. I wish short sale lenders would take that into consideration when pricing a short sale, but alas, many don't care how long it takes to find a buyer or whether the home goes to foreclosure because they get paid either way.
Years ago buyers would snap up short sales like hotcakes but today many sit on the market, through no fault of their own. There is often nothing wrong with these short sale homes but buyers simply thumb their noses. It could be that many of their buyer's agents were burned by sitting in escrow with other short sale agents who weren't working the files or had no clue as to what they were doing. They're in good hands if they're in escrow with this agent, though, because I close more short sales than any other single agent in a 7-county area over the past 10 years. Simply put, if it's listed by Elizabeth Weintraub as a short sale, it's gonna close escrow, providing the buyer is willing to wait.
So don't wait for a better home in Laguna West. The home you want to buy is open today. You can read more in my personal blog and see the photos of Open House Sunday at Home in Laguna West.
Certified HAFA Specialist
Sacramento Real Estate Listings
Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.
The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.
Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.