Seller Costs
Costs involved for you to Short Sale?
At this time there is NO initial fee upfront to process your short sale.
Who pays commissions, closing cost?
We understand that there is a financial hardship for the homeowners of a short sale. Our ultimate goal is for our sellers to incur no out of pocket expense other than the retainer fee mentioned above. We negotiate a “net” settlement with the bank in order for them to release the lien on the property. This net pay off is after all fees associated with a traditional real estate transaction: real estate commissions, title fees, escrow fees, buyer closing cost, home warranties, termite treatment, etc. In many cases, however the lender will not pay HOA fees, past dues, fines transfer and disclosures. This can sometimes be in excess of hundreds of dollars, therefore we do ask you to try very hard to keep the HOA dues current. As far as the disclosure and transfer fees we make every attempt to negotiate this for to be paid for by the buyer.
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