If you are considering a short sale of your home the first step is locating a reputable real estate professional who has the team and process in place to get the job done. Short sales have become more common since 2010. Their are pros and cons to doing a short sale and you need someone who understands how best to protect your interest in the negotiations. Trust and accountability are huge factors in your decision to hire someone to help in the negotiations of your short sale. We understands the fear and uncertainty you are likely feeling as you go through this process. Rest assure that you are not alone and you can trust Graystone Realty Group.

Step 1:

• Initial interview to go over the process of the short sale, what to expect and make sure Graystone Realty Group is a good fit for your family. We will arrange an interview with our in-house short sale negotiation team in Step 2. (Timeframe: 1 business day)

Step 2:

• After the initial interview, we will arrange a meeting with our Short Sale Team to take a close look at your exact situation and make sure that a short sale is the right option for you. Once qualified, we will arrange the final step. (Timeframe: 3-7 business days)

Step 3:

• Marketing your home, generating offers and submitting an offer to the bank for the short sale approval. Once the bank has approved the short sale offer, escrow will  complete with the buyer closing escrow by the contract specified date. Learn about Short Sale vs Foreclosure or  Short Sale FAQ
• We will walk you through the entire process and manage all the moving parts of the transaction to “relieve you of the debt” with a “lien release.” (Timeframe: 2-9 months. Recent laws are helping short sales process faster. This timeframe is changing frequently.) If you short sale through HAFA (home affordable foreclosure process) you may be able to complete your short sale in 60-90 days. Otherwise most short sales are taking 4-6 months.

Contact Graystone Realty Group Today to arrange an interview to see if a short sale is right for you.