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Who Pays the Fees for Roseville Short Sales?

This is a questions I often get from Roseville short sale sellers. Most people who short sale are in a tough financial situation. At the very least, they owe more on their home than it's currently worth. They don't want to pay any money to short sale their home. Roseville short sale sellers don't have the means to pay transfer fees, closing costs, or agent commissions. So, who pays the fees and costs for a Roseville short sale?
Technically, the sellers do pay the fees associated with a Roseville short sale. However, these fees do not come out of pocket. They are paid out of the sales proceeds from the buyer. Let's say you get an offer on your home for $300,000 and short sale fees total $22,500. The job of your Roseville short sale agent is to submit the offer to the bank and break down the total cost of the short sale. If the bank approves the Roseville short sale, they are agreeing to accept $300,000-$22,500 or $277,500. All fees are paid in escrow and the seller doesn't have to pay anything up front or out of pocket.
Roseville short sales are very different from traditional sales. In a short sale, your agent will submit a complete offer package to the bank, negotiate on your behalf, and consistantly follow-up. Real estate agents without short sale experience do not understand how to do this and often jeporsize the short sale. Talk to a Roseville short sale agent with experience if you are considering a short sale.
See if you qualify to sell your Roseville home as a short sale.
Who Pays the Fees for Roseville Short Sales?
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Rocklin, CA - Free "Extreme Couponing" Class (March 13, 2012)
Have you ever watched "Extreme Couponing" on TLC? It's a reality competition to see who can save the most money using coupons at the grocery store. I've seen it once and remember a man who ended up with a 100% discount at the cash register...wow! Anyway, if learning how to maximize coupons to save on groceries interests you, here's an opportunity to learn from a couple of "Couponing All-Stars":
WHO: Jennifer Freeman and Jen Morris (guest speakers)
WHAT: Free "Extreme Couponing" Class
WHERE: Whitney High School, 701 Wildcat Boulevard, Rocklin, CA 95765
WHEN: Tuesday, March 13, 2012 at 7:00 PM
WHY: Slash your grocery bill by using coupons!
HOW: Sign up at BeeBuzzPoints.com or call 916-321-1664

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Rocklin, CA - Sierra Auto Fair (Every Weekend, Rain or Shine)
The Sierra Auto Fair has been going on every weekend (rain or shine) in the Sierra College parking lot at Rocklin Road & Sierra College Boulevard in Rocklin, CA since 1997. It is a popular spot for anyone looking to buy or sell their car, truck, motorcycle, boat or RV in the Greater Sacramento Area and is known as the Giant "For Sale By Owner" Vehicle Sales Event.

For $39, you can display your car or truck for one weekend (as early as Friday from 4-10pm or anytime after 8am on Saturday until Sunday at 5pm) and the display fees benefit the Sierra College Foundation. Also, if your vehicle hasn't sold in 3 paid weekends, you get 3 additional weekends for free.

For more info about the Sierra Auto Fair at Sierra College in Rocklin, please visit SierraAutoFair.com or call 916-626-3366 for 24 hour recorded information.
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Roseville, CA - Foreclosures / Bank Owned Homes / REO Properties (March 5-9, 2012)
Here is a list of foreclosures in Roseville, California (Placer County) that became bank owned during the week of March 5-9, 2012:
In comparison, there were 7 properties in Roseville, California that went back to the bank last week.
Some of these REO properties may soon be listed on the market, so consider this a sneak preview of future foreclosure listings in Roseville, California!
Please contact Bob Souza at (925) 513-3400 or Leilani Souza at (916) 408-5500 if you are interested in buying foreclosures through Souza Realty and would like to be notified when a particular foreclosed property becomes available for sale.
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Loomis, CA - Foreclosures / Bank Owned Homes / REO Properties (March 5-9, 2012)
Here is a list of foreclosures in Loomis, California (Placer County) that became bank owned during the week of March 5-9, 2012:
In comparison, there was 1 property in Loomis, California that went back to the bank last week.
This REO property may soon be listed on the market, so consider this a sneak preview of a future foreclosure listing in Loomis, California!
Please contact Bob Souza at (925) 513-3400 or Leilani Souza at (916) 408-5500 if you are interested in buying foreclosures through Souza Realty and would like to be notified when a particular foreclosed property becomes available for sale.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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