Frustrations with Short Sales in Coos County

Frustrations with short sales in Coos County could easily be the reason so many homes head to foreclosure. The lengthy time frame to complete a short sale, combined with hanging in the balance waiting for the mercy of the lender is wearing to say the least. A short sale can be a great way to avoid foreclosure and save a credit rating, but it often takes thick skin and a whole lot of patience.

One of the most frustrating things about a short sale in Coos County is the fact that if the home were already foreclosed upon it could be sold immediately, possibly for less than it would sell for a short sale price, so why won't the bank simply agree to a short sale? Either way the bank is losing money, why go through the foreclosure process if the home could be sold as a short sale? Be prepared. Have proof of what your home is worth in today's Coos County real estate market and demonstrate that accepting the short sale is in the lender's best interest.

A short sale has a much better chance of occurring when an experienced Coos County REALTOR® is involved, such as Jan Delimont. When connections exist the short sale process tends to run more smoothly. Contact Jan Delimont today at 541-290-1850 or by email to make sure your short sale in Coos County goes according to plan.

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