Working Through Cash Contributions On A Short Sale

Hello, it’s Chris Bowers with the Bowers Team in Arizona, one of the most successful short sale teams in the area. I wanted to reach out to you today and go over a situation that we had happen with one of our current short sales. We wanted to bring this stuff up so that you are aware that The Bowers Team is dedicated to getting short sales approved.

What happened on this specific short sale was the bank came back to the seller and told them they wanted $20,000 to approve the short sale. We negotiated with the bank and got them talked down to $7800. Here’s the interesting thing about the situation: we got the buyer to bring the $7800 to close on this home. You can see that we’re good at structuring these short sale deals so that we can get them approved and closed. This doesn’t happen very often where the bank requests a cash contribution, but if it does happen we don’t get distracted by it. We come up with a new game plan and keep moving forward.

The point of this was to show you that any challenge that should arise during your short sale doesn’t deter us. We fight through it and work on getting that approval. Reach out to us right now if you’re in a situation where you need to short sale your property or you’re trying to figure out what your options are. Call us at 623.266.1939 or fill out one of the forms on our website. We’ll get in contact with you, set-up a short sale consultation and answer any questions you might have. Also, if you’re underwater and want to know if a short sale is the right choice for you, or even if you’re curious how long it will be before your home is an asset again, try out our Short Sale Calculator on our website, too.

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