1. The first
step in a short sale is having a FREE REAL STATE CONSULTATION with our Real Estate Broker by Phone, so we can go
over the short sale process with you.
This process is also explained in the steps
on this website. But we realize there
is a lot of information and you will have
questions, so we ask you read all the info
on this site, then give us a call at 425-344-2222 and we'll
go over any questions you might have.
You will be pleased to know, that YOU PAY NO REAL ESTATE COMMISSION NOR CLOSING COST! These are paid by the lien holder at closing!
2. One of the reasons we have such a
high success rate (95% since 2008) for our clients, is because we partner with Legal Law Teams to leverage and negotiate the buyers short sale offer, and the sellers terms and conditions on their mortgage(s) for a favorable legal outcome.
Before the Law Group can begin your short sale process, you must meet with one of the 6 attorney's on Staff for a Legal Consultation. Phone consultation is also conducted if you are located a great distance from one of their offices. This LEGAL CONSULTATION will give you a complete understanding on what to expect from the process, the likelihood of being successful with the outcome, and it will explain your role, the role of the law team and your real estate broker.
Schedule your legal consultation with any one of McFerran's Law Offices in Everett, Northgate (Seattle), Kent, Kirkland, Silverdale, and Tacoma. Reserve your date and time by calling 253-284-3838 x 1
Please click on the video below to hear why this consultation is so important and why we recommend McFerran Law Group so highly:
3. The next step is
the home for sale. The forms at the
lower right will be use for that purpose.
Review them, but don't fill them out, we
will enter most of the information for you.
JUST REMEMBER that when you see the
word "Seller", in a short sale transaction,
the lien holder of your mortgage picks up
all costs. YOU NEVER PAY REAL
ESTATE COMMISSION NOR SELLER CLOSING COSTS!
4. Next, place a phone call to 425-344-2222 and
state you have downloaded the MLS forms for
a short sale. We then will go through
the forms with you over the phone.
Please allot 30-45 minutes of uninterrupted
time for this process.
5. The next step
is to download and print out the Short Sale
Loss Mitigation Package on the left column
of the page below. These forms are
required by the Law Group, your bank. and the lien holder(s) before
your Short Sale can be negotiated.
It is important that we get your home on the
market ASAP. Give us a call when you
have the MLS forms reviewed and printed out
and let's schedule an appointment to go over
them in person. We then will asked
them to be signed and within 12 hours we
will have your listing known to agents
worldwide. That's right, we syndicate
your listing and give it top billing ---
just in the NWMLS area alone, over 20,000
agents will know about your listing the next
day and so will many of their clients.