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Is it best to use the sellers agent when trying to buy a Short Sale home?

...it seems like you would get questions answered faster and the process would be a little smoother. iIs this true?
  • September 21 2013 - US
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Answers (4)

That depends on how experienced is the seller's agent about the short sale process and how easy for you to get in touch with the agent. An agent who is always "out of reach" is as good as having no agent at all.
  • September 22 2013
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not always if a selling agent knows the short sale market, and has
experience working short sales, you always will get cooperation
from sellers agent, one thing neither side can answer and that's 
how much time it may take to close, the bank will always be in
control.
  • September 21 2013
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There is no correct answer, it will depend. Short sales are notorious for not getting answers because most questions go to the bank for the answer and the banks don't reply to any agent or the owner if they don't want to. So it makes little difference what agent you use. If you ask any agent they will try to get an answer but often they can not. Banks won't talk to an agent and might reply back to an owner, but often even a reply to the owner can take weeks. So I would say have your own agent that works for you and not leans towards the goals of the seller.

tim
  • September 21 2013
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Short answer is yes. There is a lot going on behind the scenes that can make or break a deal. The investors require timely and accurate information. If you are close to losing your home, then time is of the essence.
ATOMIC REAL ESTATE LLC.
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  • September 21 2013
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