What does it take to get your short sale closed?
We all know it can be a challenge to close on a short sale listing, and I think the number one thing to make it happen is a buyer who is dedicated to sticking with it no matter what. Buyers who get spooked at the first bump in the road are not going to be able to go the distance. Buyers who are out shopping around and making offers on every possible property are not serious.
A buyer with only one property in mind will be paying attention and doing whatever it takes to close the deal. When the banks are holding their ground and not willing to pay for things which would normally be covered by a seller, a serious short sale buyer will be prepared to pony up for:
- termite inspection
- termite treatment
- condominium documents
- needed repairs
- seller closing costs
If you have questions about the real estate market, about buying or selling a home on Maui, please contact me, a local Maui REALTOR.