The Delray Beach Realtors and in particular, the short sale realtors in Delray Beach Florida that can assist you with short selling real estate are the short sale realtors at Palm Beach Premier Real Estate. With over 20 years of collective experience in the Real Estate Industry and familiarity with the Delray Beach Real Estate market, our Delray Beach Realtors can help you understand the intricacies of the short sale process, overcome the short sale paperwork and short sale documents and get your short sale approval letter by working in conjunction with some of the best Delray Beach Real Estate Attorneys to negotiate with the short sale lenders on your behalf.
Delray Beach short sales and short selling real estate in general have become far more acceptable in recent years following the decline in Delray Beach Real Estate values however, the Delray Beach short sale process is extremely complex and should not be undertaken without experienced short sale realtors by your side.
Having made the decision that you need short sale help the next stage is to locate short sales realtors and especially Delray Beach Realtors that have specific experience short selling real estate and in particular have Delray Beach short sales experience and knowledge. The rationale for this is actually quite straightforward because every market is different and unless your short sale realtor has that local familiarity with each neighborhood or sub-division in the Delray Beach real estate marketplace, then they will be unable to properly price your short sale correctly which will inevitably slow down the entire short sale process.
The next step in the short sale process is to meet with your short sale realtor and review the short sale documents checklist – one of the main reasons why Delray Beach short sales take months to reach short sale approval is because of the sheer volume of short sale documents that a short sale lender expects someone short selling real estate to produce. Oftentimes the short sale lender will lose various short sale documents mailed or faxed by the homeowner, or worse, completely deny ever receiving them. It is for this reason that having a team of short sale specialists representing your best interests is of paramount importance. Short sale Realtors that work in tandem with Delray Beach Real Estate Attorneys can ensure that your Delray Beach short sale proceeds smoothly.
The short sale documents checklist that your short sale specialist should discuss with you and ask that you compile and out together so as to expedite the short sale process includes the following:
- A short sale hardship letter
- Tax Returns – the most recent 2 years filed
- Bank Statements – the most recent 2 months
- Pay Stubs or other Proof of Income – the most recent 2 pay periods
- A Personal Financial Statement listing assets and liabilities
- Your short sale listing agreement
- Your short sale purchase and sales agreement or short sale contract
- A Comparative Market Analysis otherwise known and referred to as a CMA
- Additional other short sale documents as specifically requested by your short sale lender as part of the short sale process.
The next stage having met with one of our Delray Beach Realtors at Palm Beach Premier Real Estate is to list your Delray Beach short sale onto the Multiple Listing Service or MLS so that a buyer can present an offer for purchase and sale that you can review and consider. Ultimately, every short sale lender will want to see a purchase and sales agreement that comes close to their Broker Price Opinion valuation or short sale BPO value that he had performed on your property. This Broker Price Opinion valuation is a fundamental step in the short sale process and will in many cases determine if your short sale approval letter materializes.
As you can see, short selling real estate is a complex transaction and one that should be left to experienced short sale realtors and an experienced short sale specialist that is familiar with Delray Beach real estate and Delray Beach short sales is crucial.
At Palm Beach Premier Real Estate our Delray Beach Realtors are fully trained and able to guide you through the complicated Delray Beach short sale process and give you the short sale help that you need. Our success with Delray Beach short sales stems from our understanding of the Delray Beach Real Estate market, our familiarity with your neighborhood, sub-division and community and our local knowledge as Delray Beach Realtors.
Our team of Delray Beach Realtors at Palm Beach Premier Real Estate have worked with almost every nationwide short sale lender and bank and we have a proven track record of 100% short sale approval for our luxury Delray Beach short sales. Short selling real estate and Delray Beach short sales are a specialty for Palm Beach Premier Real Estate and our Delray Beach Realtors can ease your concerns and provide you with short sale information and short sale advice on the short sale process.
To learn more about Delray Beach short sales and short selling real estate or to list your Delray Beach short sale with Palm Beach Premier Real Estate then please give one of our Delray Beach Realtors a call at 561.395.8418 or email us at Info@PalmBeachPremierRealEstate.com