SvetLana Cole - Full Time Licensed broker with "Charles Rutenberg Realty"
3135 Book Rd, Naperville, IL 60564
“Equal Housing Opportunity”
Cell 630-447-8382
Successful Short Sale is an Art of Knowledge, Experience & Powerful Negotiation skills
What is SFR certificate & why you need to know about it
Short Sale and Foreclosure resource certification is given to Realtors who succesfully passed the SFR course. Once an agent gets this certification, he/she can assist you in short selling your home or representing a buyer on a purchase of any distressed property such as foreclosure, short sale, REO or bank owned property.
I received my SFR sertification in 2012.
Who is a Short Sale Expert?
SFR sertified Realtor who completed at least thirty of the them successfully
Realtor who knows how to price your home "right"
Realtor who knows the difference between short sale process with Fannie Mae, Freddie Mac, FHA etc
Realtor who NEVER misses BPO or Appraisal appointment
Realtor who works on short sale and NOT just refers it to Attorney and waits for closing
6. Realtor who has GREAT communication skills to keep you updated all the way
What is Successful Short Sale:
Debt release
No more liability
No more stress
Check to you at the closing from your bank ($1,000 to $17,000)
Ability to recover your credit and be able to buy again in 1-3 years
How to make my Short Sale offer stand out & accepted.
3 winning tips on "How to make a Strong short sale offer " from Short Sale expert Lana Cole SFR certified.
1. Visit the property, so the seller sees that you visited the property.
2. Fill out a short sale offer (contract) properly, use only 100% for a tax proration, initial As Is and Short Sale paragraphs.
3. Submit Proof of funds and/or Pre-approval, must be less than 30 days old. It can be in a form of bank statement or in a form of a letter from your banker, signed, dated and stamped.
House financing after short sale, bankruptcy, foreclosure. Time line of your eligibility on your next house purchase by Freddie Mac, Fannie Mae, FHA, VA, USDA