Looking for a short sale property in Caldwell?Caldwell is a growing city in Canyon County and is a part of the Boise metropolitan area. Caldwell offers employment opportunity and an expanding area with new subdivisions and education choices. Start Packing has dealt with a large number of distressed properties in Caldwell, and our team of agents have been players in the field for numerous years.
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Caldwell, as well as the surrounding area, has been in the trustworthy hands of Start Packing, your Idaho real estate leaders, and have participated in many distressed property sales. To arm yourself with the necessary tools to execute a successful short sale, it's important to work with professionals in the field who make you a priority.
A distressed property can also be referred to as an REO, or real estate owned property. These homes are accepted under special circumstances to be sold for less than what is owed to the bank and is a favorable alternative to foreclosure. It's not easy for a homeowner to qualify for a short sale, and it isn't easy for a buyer to purchase a short sale. But buyers pursue short sales for the savings, and it can be very rewarding to stick through the process.
Short sales can be full of rewards, but it's important to be educated before you jump into the short sale market. It is not simply up to the seller to approve of your offer, but the lender must agree also. After your package has been put together by your agent and submitted to the bank, it can take weeks to months before your offer has been approved.
Get your finances in order. How much can you comfortably afford a month? Get pre-qualified for a mortgage before you begin the house hunt.
Find a qualified, experienced, and knowledgeable agent to assist you through the short sale process. It's mandatory to be represented through a short sale, and you'll want an agent with experience who can help expedite your transaction and be mindful of all the details.
The typical short sale can take 4 to 6 months to close, and having patience will be your greatest tool. Short sales can take some time to process, and it's beneficial to know of the time frame beforehand. This is where an experienced agent can be really helpful, as they'll know how to speed up the process and will make sure nothing has been missed that might be holding up the process.
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Listing information last updated on August 17th, 2017 at 8:52am MDT.