Information about Short Sales in the Tulare, Visalia, Exeter area. What is a Short Sale? How does a Short Sale work? Do I qualify for a Short Sale? If I dont have a hardship do I still qualify for a short sale?
Tuesday, May 7, 2013
Who will pay the short sale Realtors® commission?
In a short sale it is customary for a lender to cover all fees associated with the sale of the property, including your short sale specialist as well. In almost all cases, a home owner in hardship will pay no out of pocket expense to complete a short sale transaction.
Jeremy F. Garcia
REALTOR
Certified Short Sale Listing Agent
Direct: (559) 967-4422
Email: jeremygarcia.realtor@gmail.com
DRE Lic# 01418546
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In the recent past, short sale had become quite popular. Even today, when the economy is on the path of recovery, many homeowners have to opt for short sale to get rid of their property as they are unable to pay the mortgage. Short sale of property is one of the popular loan relief options to avoid foreclosure which helps the borrowers to sell off their property and helps them to save their credit to a great extent. Thus, those who opt for short sale may not be able to pay for the Realtor’s commission. In most cases, it is the lender who pays the realtor.
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