What to ask Short Sale Realtors in Solano County?  Most consumers do not know what to ask when interviewing or seeking counseling from Realtors.  Some automatically assume every Realtor knows about Short Sales.  The reality is, most do not know anything and will discourage their buyers from looking at short sale homes for sale. Or Realtors who will not touch a troubled homeowner with a ten foot pole.  IF they cannot make a commission fast, why take on someone under water?

In Solano County that is a bad idea.  At least 50% of the homes for sale are short sales.  You can miss an opportunity to get the home of your dreams if you are looking to buy. As a homeowner who needs to sell you may be missing out on possible relocation money if you qualify for HAFA (Homes Affordable Foreclosure Alternatives).

What questions do you ask of your agent?  IF you are a seller, you ask how many short sales have they listed and sold? have they had any formal training other than the school of hard knocks? What resources do they use to keep on top of the latest laws put into place?  What do they know about SB931 and SB458?  Will the bank come after me?  Do I have to move right away?  How does a short sale affect my credit?  How long does it take to foreclose?  What is a notice of default?  How do I do a loan modification.  It can go on and on and on and if your agent cannot answer these questions within seconds move on to the next Realtor to interview.

IF you are a buyer you want to ask your agent to inquire if the home is in foreclosure, how many loans and who are they with? Has the listing agent any experience selling short sales?  When will the paperwork be submitted to the bank?  Is the listing agent in contact with the seller’s
 bank?  

Bottom line is you want to have the best when it comes to short sales.  Short sales are difficult to navigate both as a buyer and seller.  Having a knowledgeable and experienced Realtor will make all the difference in getting a transaction to close in Solano County.  

Remember ask the questions!!