Welcome To 









Short Sales Done Easy 










Brought to you by The Distressed Property Experts at The Steve Horn Team at Keller Williams 









4621 E Chandler Blvd, Suite 160 - Phoenix, AZ 85048 - 480.706.7215 office - 866.246.0648 fax 












   






THE STEVE HORN TEAM 


KELLER WILLIAMS SONORAN LIVING
4621 E CHANDLER BLVD, SUITE 160
PHOENIX, AZ 85048
480-706-7215 office
866-246-0648 fax



info@shortsalesdoneeasy.com 















A short sale is an agreement with your lender to accept less than the total amount you owe on your home.  For example, if you purchased your home for $200,000 but now it is only worth $150,000 and you must move, you can negotiate with your bank to accept the current market value as payment in full. 



The short sale process can sometimes be lengthy but once an offer is received on your property we can usually get bank approval within 30-45 days.  Here are the steps involved in a short sale: 






    

  1. 


Initial Meeting – 
Someone from our team will meet with you and discuss your financial situation, view your home, review comparatives with you, agree on a listing price, gather all required paperwork and financial information and prepare for marketing your home. 


    2. 



    

  1. 


Marketing your Home -- 
We have an extensive marketing plan which lists your home on nearly 50 of the most popular Real Estate websites.  In addition to multiple photos we will create a flyer and virtual tour for your property, put up a sign with an 800 number (providing potential buyers with information 24/7), send out Just Listed postcards in your area, complete aggressive targeted marketing, market your property to our database, email local Realtors, etc. 


    2. 



    

  1. 


Begin Negotiations with Bank – 
We contact your bank and submit a full short sale package to them as soon as we list the property.  Some banks will begin researching the property before even receiving a contract which allows us to receive approval faster! 


    2. 



    

  1. 


Offer Received - 
Once an offer on your property is received we re-submit a full short sale package to your lender and aggressively follow up.  We call on every short sale file at LEAST 3 times a week to ensure that things never slip between the cracks.  We will negotiate on your behalf to make sure that the bank accepts any fair and reasonable offer and we back up all offers with extensive comps. 


    2. 



    

  1. 


Bank Approval – Once we receive bank approval we are ready to close on your home!  This generally takes 30-45 days but can take up to 90 depending on your lender and availability of all financial information. 


    2. 






We recommend you review our website for additional information about short sales such as the Common Myths surrounding them. 








WHAT IS A SHORT SALE?