Houston TX – Short sales can take a long time. The banks are difficult to deal with and many agents do not understand short sales and don’t know what they are doing.

Because of this, many buyers shy away from short sales. Or, if they do make an offer, then they still continue to look at other properties.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

If a better home comes on the market, then they will buy that home. Few fully commit themselves to purchasing that home.

Because of this many agents recommend leaving a short sale on the market, even when there is a contract in place. Recently, Bank of America even changed their policies specifically for backup short sale offers.

In my opinion, taking your home off of the market when we have an accepted contract is a mistake. The only exceptions are when the buyer puts up a large down payment or falls in love with a unique home.

We recommend keeping the home on the open market. All agents and buyers will be told there is a contract on the property and that they will be in backup position.

If the buyer really likes the house, then they will submit a backup offer. The whole process is frustrating and not straight forward.

But, we make the best of the situation and do what we can to make the process easier.

Thinking about a short sale? I can help you short sale your property and get back on your feet. Send me an e-mail at soldbymichelle@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 832-274-5007

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Houston loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Michelle Gonzales.

Michelle is a Real Estate Agent at RE/MAX 360.

Phone: 832-274-5007. soldbymichelle@gmail.com.

“Educating the Homeowner, One by One!”

View My homes for sale at www.yourhoustonhomesource.com.

Michelle Gonzales specializes in loan modification assistance and short sales in Houston Texas. Houston Loan Modification Help, Houston Short Sales. Houston Short Sale Realtor Houston TX Short Sales. Houston Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Michelle Gonzales, RE/MAX 360, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Michelle’s personal views and do not reflect the views of RE/MAX 360.

This information on A Common Houston Short Sale Negotiation Mistake: Taking The Property Off The Marketing Before the Short Sale Is Completed is provided as a courtesy to our viewers to help them make informed decisions.