HUD Homes Articles | Short Sales" href="http://ezinearticles.com/?2nd-Series-In-Depth-Look-at-Doing-Short-Sales&id=1391595" target="_blank">
Short Sales" />
This is the 2nd part of a three part series on how to do short sales. Let’s take a look at what you will need to know to do a short sale. In the first series you learned how to find, contact and talk to a homeowner in foreclosure.
In the first series you learned how to find, contact and talk to a homeowner in foreclosure. Lets look at the next part of the short sale process which involves finalizing paperwork and dealing with the bank.
1) When you decide that the homeowner’s situation is a good fit for a short sale then set up an appointment. You will have to meet the homeowners to look at the house and get documents signed.
2) Set up a time to meet with the homeowner at a time convenient for you both. Make sure their spouse is present at the sit down.
3) Meet with the homeowner at the designated time have them walk you through the house letting them talk. You need to connect with them to gain trust and a working relationship. Once done gaining rapport then the next step is to sit down explain what you do, see if they are interested and start reviewing the paperwork if they want to move forward.
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