A friend of a friend, this client had made the choice after being laid off to go back to school to pursue a new job in a field he was passionate about. This brought about the need to short sell his current Queen Anne condo.
We began by educating him on his options, connecting him with an attorney and giving him the run down on the listing process. He decided that is was the right move for him and we started the ball rolling. Our short sale expert signed on and began to gather all of the needed documents and start the conversation with the lien holders and we set out to price it right, market it, rearrange and stage the furnishings to ensure it was show ready and put this condo on the market.
Due to great communication and knowledge, our short sale expert was able to get the lien holders to provide us with the price they would be willing to expect to forgive this seller of his delinquency. We updated the listing price and snagged an offer quick. Even though our first buyer backed out due to cold feet, we persevered and secured another offer from a buyer whose agent we regularly keep in communication with about this condo. It does pay to know people in this industry! We received lien holder approval and moved on to closing to get this seller into the next phase of life.
Good luck with school and your new career!