Maintaining Your Property Through a Short Sale

Want to derail a short sale in a heck of a hurry? Stop taking care of your home both ahead of and after receiving an offer to purchase the home.

You may me frustrated with the bank. You may be angry with the world. You may want to take it out on the house. But none of this is going to matter to a prospective buyer.

Reality is these are as-is sales, which means your home needs to be in the same condition at the close of escrow as it was at the time the contract was written. Even if this covers a span of several months, your home needs to be in substantially the same condition.

That’s after a contract is received. Before that point, keep in mind your goal is no different than it is for any other seller – to get a buyer interested enough about your home to make an offer. And presentation of the property is everything.

Short sales often seem like short cuts for some, a way to avoid a foreclosure on the credit report and possibly put yourself into position to buy sooner rather than later. But that doesn’t mean there need be no effort in trying to get your home sold in the first place.

You may be facing unusual circumstances but the buyer likely isn’t interested in them.

Jonathan Dalton

Jonathan Dalton is a 40-plus-year resident of the Valley and has been helping folks buy and sell homes since 2004. He can be reached at 602-502-9693 or info at allphoenixrealestate.com.

Real Time Web Analytics

Send this to a friend