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Carmela, Jason and Jonathan Kaiser
is one of The Top Selling Real Estate Experts Find Out More > |
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Welcome > For Buyers >
Short Sale Pre Foreclosure For Buyers ...
Buying a short sale or bank owned property (REO) can be a great investment opportunity or the prefect way to get into your next home at a deep discount. We have been assisting clients for decades in these situations. We will work to get your offer approved with the bank at the best price. Call us now for the latest opportunities and ask how you can be sent each morning a list of properties that match your search criteria.
How Does a Typical Short Sale Negotiation Work? A Short Sale from Contract to Closing can take several months...Here's the process:
1. Permission in writing by Seller is giving to Realtor to obtain information from Bank
2. Offer is made and agreed to between buyer and seller, subject to lender's approval
3. Short Sale package is prepared and submitted to lender
4. Lender processes the package through their system
5. Lender orders a Broker's Price Opinion
6. Broker Price Opinion is Performed and submitted to lender
7. Broker Price Opinion is evaluated by Lender
8. Loss Mitigation Specialist is Assigned and Whole Package is Reviewed
9. Lender proposes A Counter Offer, Negotiation Continues
10. Agreement is reached and the closing takes place within approx 30 days.
Please call Carmela or Jonathan at 631-320-0800 for any Questions about Short Sales  Ask us any question about buying a home in Long Island. It's our job to help you! There's no obligation, and we promise to respond quickly...
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