Posted on Jul 6, 2012 in Roseville and Sacramento Short Sale FAQs

Hello everyone Mark Peek here, your Roseville and Sacramento short sale specialist, thank you for checking out my blog today. I work with Keller Williams Realty in Roseville and Sacramento and use this blog to share valuable information on avoiding foreclosure with distressed property owners who are unsure of what to do. If you are considering a short sale or are just ready to get out from under your mortgage give me a call today to learn about the numerous real estate options in front of you.

For my blog today I wanted to speak to homeowners who may already have a foreclosure sale date planned about getting an extension. When talking with homeowners interested in completing a short sale I always suggest to act quickly in order to avoid any possibly foreclosure paperwork. However, if you have already started the foreclosure process and have a sale date scheduled we still may be able to complete a short sale. I normally tell Roseville and Sacramento homeowners that I need a completed short sale packet at least thirty days in advance of your sale date in order to get your property on the market and to find a buyer. On average it takes a large national bank, such as Bank of America or Chase, seventeen days to review and approve a short sale package once we have an offer. That is why having a full thirty days is a big help in finding you a qualified buyer, a proper negotiation, and a fast approval.

If you are facing foreclosure and have questions on your options please call me today in order to get started as soon as possible. For more information on your short sale take a minute to try the Short Or Stay Calculator on my website to learn if it’s the best option for you. Thank you for your time today and I hope to hear from you soon.

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