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This morning I had a message from my short sale attorney’s office to tell me that another one of my short sale listings is approved for sale. This is great news for everyone involved: the seller will walk away with no debt and even a bit of money to secure an apartment, the buyer will get an affordable home to build equity, the neighbors get a revitalized home in their neighborhood which improves the home values and I get to know that I was able to help another person avoid foreclosure (yes, and a commission check, but that is secondary to me).
If you know someone who owes more than their Western Massachusetts home is worth and needs to make a move, let me know- I can help. I have a decade of short sale experience and I have the right team in place to make sure the sale gets done properly with full protections to the seller.
Did you know that depending on your type of mortgage, if you work with an inexperienced agent and get your home listed before working with your lender that you could forfeit thousands of dollars in relocation funding? That’s right…certain lenders will give you relocation money at the closing of your short sale, but ONLY if you work in the right order. Working with an agent that isn’t well versed in how short sales work could actually cost you money.
Did you also know that hiring me to work as your short sale agent costs you, the homeowner, nothing? That’s right, all fees due to the short sale team of realtor and attorney are paid through the lender’s short sale package.
There is a lot to know about short sales…why not call the area expert?
My most recent closing is living proof that there is nothing short (or easy) about a short sale in Western MA, but it can be done if you have tenacity and perseverance!
This story is about a home in Westfield, MA. The couple that owned the home was divorcing and needed to sell. We put this very nice home on the market February 11, 2013. Before March ended, we had a lovely young couple ready to buy the home.
Yes, it took almost one entire year to complete this short sale.
I am not going to lie….this was my longest one, yet, and it would never have happened if the buyers and their agent weren’t so patient and flexible.
Watch this video and remember, if you need a real estate agent in Western MA that is tenacious and will persevere on your behalf, no matter what…..call me, Lesley Lambert, Western MA REALTOR with Park Square Realty. I swear I don’t know how to give up on a sale.
Working on short sales is difficult for a number of reasons:
– the emotions of the seller are exposed and high
– the homes usually need work and/or have been abandoned
– the negotiations have added levels of legality
– the process takes much longer
– many cooperating agents (representing buyers) do not have a lot of short sale experience
– the buyers don’t always understand the process
– the entire process can take six times (or more) longer than a traditional sale
When people are in a tough spot they need a helping hand and they need someone they can trust. I try to be that person. When people are afraid or confused, they need guidance and patience and lots of empathy. I try to provide all of that. When people are experiencing the kind of financial hardships that lead up to pre-foreclosure, they need someone who understands their options, who can connect them with a team of legal and financial professionals and they need help. I give them all of that.
I do it for a number of reasons. I do it because I was once in their shoes. I do it because it is the kind thing to do. I do it because it helps in many ways: it helps them move on without going through foreclosure, it helps the neighborhood, it helps the lenders and it helps my community as a whole. I do it because I can and because I should.
The client, Eric and I met and I gave him my short sale consultation. Using my tested method of selling short sales in Western Massachusetts, I was able to put his condominium under agreement in a very short time with multiple offers to choose from.
Thank you Eric for that heartfelt testimonial. It means a lot to me to hear that I was able to help give some relief through my work.