1. A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for. Short sales are a way for homeowners to avoid foreclosure on their homes and still be able to pay off their loan by settling with lender.
34. 1.Searching the properties which can be short sale, and marketing to get registered properties at our website. 2. After registration our representative will go personally to home owner will suggest him possible solution . 3. Collecting all information of homeowner. 4.Searching suitable real estate consultant for homeowner. 5. Now through our website we will search potential buyer for that property as well as broker. 6. Home visit with Potential buyer. 7.submitting the offer for short sale to lender/banker .
35. 7. Negotiation with banker for best price and lower interest rate. 8. Making legal documentation and related formalities.