Now that 48% of homes for sale are short sales, Realtors need to learn to sell them properly. A short sale is when a property is being sold for less that was it owed on the property and can take nine months to close. There are several third pary approvals that need to occur in order to close a short sale home. However, if any one of those parties does not cooperate than the short sale can not close. This is why Weston Towncenter EWM realtors are working with Loss Mitigation Network and will successfully close short sales. The team of lawyers at Loss Mitigation Network essentially make a short sale work more like a traditional sale because the attorneys help negotiate and take care of the third pary people for the realtors.
Also, to learn how to submit a shortsale a Weston EWM realtor can easily follow the four steps on the Loss Mitigation network and watch the video on the site. However, the buyer or seller must complete a short sale questionaire and EWM/LMN short sale submission package. LMN takes $250.00 from your first short sale only. These forms can be found on the EWM website under short sale forms. Read over the forms and be patient and as EWM and LMN work as a partnered team, your short sale should close without any problems.