May 20th, 2008
Real Estate Short Sales - Taking The First Step
So what is the first step in the short sale real estate process? First off, before setting up a meeting with the homeowners be sure that they are both going to be available to speak with you. Without both owners being present you risk wasting your time because you will need to return to the home to speak with the second owner prior to moving forward with the sale. If the homeowners are married get both signatures on all documents, even if they say that only one of them is on the loan. If they are divorced get both signatures unless one of the owners can provide a copy of the quit claim deed that the other owner has signed.