Top 4 Responsibilities of a Lakeland FL Short Sale Agent

Top 4 Responsibilities of a Lakeland FL Short Sale Agent

 

The experience and expertise your Lakeland FL short sale agents bring to the table is priceless in having a successful short sale. No matter how much you read about it, it’s just not possible to do everything on your own as a buyer or seller. Read on to find out the responsibilities of a short sale listing agent and how these can help you.

Know what the roles of a Lakeland FL short sale agent are!

  1. Setting up the property for a short sale:

Part of the agents’ responsibilities is initiating the short sale process by preparing a listing agreement, then listing the property in MLS and completing documentations for the package to be sent to the lender. Completing all the required papers might be one of the most important parts of the process, and it can be one of the most difficult too. Luckily, brokers who have had numerous experiences in handling short sales in Lakeland FL are familiar with what to do and what to prepare.

  1. Coordination with the sellers:

In processing a short sale, the listing agent must work side by side with the sellers in order to submit the necessary financial documents as well as the hardship letter to the bank. The cooperation of the seller is vital in ensuring that the timeline provided by the lender is followed. Follow ups and coordination both to the seller and the lender is one of the listing agent’s top priorities.

  1. Handling negotiations:

The Lakeland FL homes for sale must be listed in the market with a fair price. It is the listing agent’s job to then submit to the bank once an offer is ready, together with documents like the prequalification letter, preliminary net sheet and purchase contract. There are instances when the bank gives a counteroffer. This time, the agent must coordinate with both the seller and buyer for requirements preparation.

  1. Closing:

It is the listing agent’s duty to ensure closing is in process while working with the lender, the seller, the buyer and the buyer’s agent. Deadlines must be met, therefore the agent must be mindful of follow ups to keep things going the right way. You may visit http://LakelandFL-ShortSaleAgent.com to get some more information on how the short sale process goes.

Having a successful short sale greatly depends on your choice of a Lakeland FL short sale agent. It is important that you work with experienced professionals to tackle the difficult tasks ahead.

Call me, Petra Norris, at (863) 619-6918 or send me an email at petra@petranorris.com if you’re looking for a Lakeland Florida real estate agent with superior local knowledge, experience, professionalism, integrity, and personal service to help you sell or buy short sales in Lakeland FL.

 

Petra Norris, REALTOR®…

Going The Extra Mile For You!

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Reasons to Choose a Lakeland FL Short Sale Agent

Reasons to Choose a Lakeland FL Short Sale Agent

 

Lakeland FL short sale agents can be your best friend when it comes to short sales. When you and your lender decide to have an agreement that the latter will accept an amount less that the full payoff amount of your mortgage, a complex short sale process is on its way. Here are the reasons why it’s more practical to have a short sale agent when you start.

Here are important reasons why you need a Lakeland FL short sale agent.

  • Coordination and negotiation is needed

Short sale is not like an ordinary home selling process. Coordination is needed to just with the buyer and buyer’s agent but also with the lender. If you don’t have the time and skills to take care of these multiple negotiations, having an expert and professional Lakeland FL short sale agent is your best option. Learn more about these types of negotiations in http://LakelandFL-ShortSaleAgent.com.

  • A lot of documentation is required

Your chosen real estate agent will prepare documentation which includes listing agreement for your property. There are a lot of other documents that must be prepared once you get an offer for your Lakeland FL homes for sale. Your short sale agent will be able to explain everything to you without difficulty if you choose someone who has closed short sales in the past.

  • Understanding the process can be taxing

With all the negotiations and numerous documents, plus the usually long waiting period, short sales can be a stressful process. Understanding it would be a lot easier if your agent is a short sales expert who can explain everything in simple terms to you if you have questions and who can give you an overview of the process.

A Lakeland FL to an agent who has experience with short sales can be of big help in eliminating the stress that comes with short selling. Call a trusted agent at once when you decide to have a short sale so life can be easier for you.

Call me, Petra Norris, at (863) 619-6918 or send me an email at petra@petranorris.com if you’re looking for a Lakeland Florida real estate agent with superior local knowledge, experience, professionalism, integrity, and personal service to help you sell or buy short sales in Lakeland FL.

Petra Norris, REALTOR®…

Going The Extra Mile For You!

3 Buyers’ Mistakes Based on Lakeland FL Short Sale Agents’ Experience

3 Buyers’ Mistakes Based on Lakeland FL Short Sale Agents’ Experience

 

Often, buyers who go into short sales make common mistakes that lead to unhappy results. The good news is, if you already have a Lakeland FL short sale agent who is experienced in these transactions, you only need to watch out for the common mistakes below.

Know these 3 Lakeland FL short sale buyer's mistakes

  1. Expecting things to be done fast

You cannot enter a short sale and expect to be done in a month. In fact, 90 days is the common time frame for it to be done. But things can move faster or slower than that depending on numerous factors. What’s important for you to know is that there’s no easy way for lenders to scan through all offers that fast.

A good follow up won’t hurt, but never get your disappointments push you to intimidate or threaten anyone as it will definitely work to your disadvantage. Seek for the help of Lakeland FL short sale agents to give you a clearer overall picture. Visit the website http://LakelandFL-ShortSaleAgent.com to find someone who can relieve your stress in this one.

  1. Forgetting home inspection

If you have inspected every nook and corner of a home, you are most likely to find what can probably affect its value and you can use that when you make an offer. This means you can be prepared to walk away because you won’t see the home as a totally perfect package.

This is important because some home buyers get too emotional that they get devastated when offers are not approved after months of waiting. Detaching yourself from the home, despite thinking it’s your dream home is essential in being a better negotiator and wise buyer.

  1. Not being critical in scanning information

You have to at least have an idea why a home is in short sale. Other than this, you have to find out all insurance and legal information about the home. Check the neighborhood as well. Details such as flooding history, potential building plans nearby, and the type of insurance the home has are all essential information one must check before  deciding to buy a short sale in Lakeland FL .

In any purchase you have to ensure that you don’t get carried away and make mistakes when you’re emotional. Always find a Lakeland Fl short sale real estate agent who has years of experience in short sales to guide you.

Call me, Petra Norris, at (863) 619-6918 or send me an email at petra@petranorris.com if you’re looking for a Lakeland Florida real estate agent with superior local knowledge, experience, professionalism, integrity, and personal service to help you sell or buy short sales in Lakeland Fl.

 

Petra Norris, REALTOR®…

Going The Extra Mile For You!