Choosing the Right San Diego Short Sale Buyers Agent

Choosing the Right San Diego Short Sale Buyers Agent

Choosing the right San Diego short sale agent to help you find the perfect home at a discount price is not only clever, it is essential if you hope to get the house you’ve been wanting at a price you can afford. There are many different locations in the San Diego area where one can find quality homes, all at a short sale, but without an appropriately experienced agent, you will not likely secure the deal. Rookie agents too often make mistakes that doom the transaction from the start. Quality agents, however, can help you avoid the pitfalls that are inevitable in lesser hands. Pitfalls such as:

Slipping into foreclosure

Getting one’s paperwork in order is vital, and timing is everything. Rookie agents do not take deadlines as seriously. They do not realize the importance of a date. Instead they think that one or two days will not matter, and before you know it the home that you wanted to spend the rest of your life in has slipped into foreclosure and has once again become the property of the bank. Rescuing a home out of foreclosure is often more trouble than it is worth. When you have the opportunity to buy, you need to go for it, but you need someone there to guide you in the right direction.

Getting a short sale declined

When you prepare to make an offer on a short sale home, there is not a lot of time for you to strike. If you experience a declined offer, then you could soon be watching your hope shrink to despair. Quality agents are good at helping you find the right kind of price to offer. They are also professionals at helping you have all your pre-qualifications taken care of, so you do not get tripped up by the administrative end of the deal.

Pricing the buyer out of the deal

Even though individuals facing foreclosure may be desperate to get out from underneath their homes, you have to realize that even the homeowner in despair has enough sense for when to sell and when not to. If you come in at a price offer that is too low, you could just be insulting the buyer’s intelligence, and he may be more apt to take another offer or drop out of the deal altogether and face whatever consequences will come his way. Do not let your short sale agent lead you into this cardinal mistake.

A San Diego short sale agent should be experienced in successfully closing such transactions. Before you decide to trust yours blindly, make sure that he knows the real estate profession and that he knows the San Diego area to an advanced degree. It could be the difference maker in getting that short sale or staying where you’re at.