Why Did My Sacramento Short Sale Get Declined?

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

Hello everyone my name is Mark Peek with Keller Williams Realty in Roseville and Sacramento thank you for your time today. I work with distressed property owners every day in Roseville and Sacramento and use this blog to share valuable information on your options for avoiding foreclosure. If your Roseville and Sacramento mortgage is underwater and you are unsure what to do visit my website or call me today to learn more about your options.

For my blog today I wanted to speak with you about the possibility of your short sale getting declined in Roseville and Sacramento. It is certainly never a good thing when your short sale gets decline and unfortunately your lender does not always give you the best explanation of why. There are numerous reasons why a short sale is declined including inaccurate paperwork, an invalid hardship, or simply a problem with the negotiator. One thing to remember is that just because your file was declined once does not mean that you cannot get a short sale approval in the future. Some of the Roseville and Sacramento clients I have worked with simply had an unqualified negotiator or their agent did not have short sale experience with that particular lender. If your Roseville and Sacramento short sale is declined it is important to know the reason behind the decision in order to resubmit the file correctly. A good short sale agent does not charge any upfront fees and even if a short sale is declined it is still the top priority to sell your home.

If you have questions on your mortgage or already considering a short sale take a minute to browse my website or call me today to learn more. If you are unsure if a short sale is right for you take a minute to try the Short Or Stay Calculator on my website to find out when your home may be an asset again. Thank you for your time today and I hope to hear from you soon.

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