What Indiana Short Sale Consultants Do

By Jerri Perry


Short sale negotiators, also known as Indiana Short Sale Consultants are the people to talk to when planning to sell your property. Even though they don't fight for you, they serve to present your papers and also accept them back making sure you get a good deal. They will solve the problem of negotiating with the banks in order to minimize your sales expenses.

They work for the client representing him fully and not the bank. It at times appears as if they are on the side of the bank or that they are working together, it is usually you being represented. Unless you go to the table without a negotiator, they will always be on your side.

There are times when a seller feels like they do not need a negotiator. They deal directly with the bank in order to cut expenses and hoping the bank will guide them. It is very wrong to think this way; the bank will not be on your side and should not be trusted with helping you get a good price. They will end up giving you a bad deal sugar coated as a very sweet settlement.

When you allow the bank to advise you when negotiating with them then you are being played. They will make their money be it at the seller's or the buyer's expense, do not be their victim. Having a short sale consultant by your side will ensure you get the best advice and your needs taken care of all the time. They have ethical standards in Indiana so be assured of professional service from them.

A negotiator works mainly to persuade the bank to allow the deal to conclude. The bank is convinced to do this at the least expense possible t o you. The headaches that come with the sale are all alleviated by the consultant. When you get a good negotiator, the deal will proceed and conclude smoothly at the best prices possible with minimal or no expense other than what you pay the negotiator.

There are several types of quick deal negotiators. They directly represent the seller and may or may not be paid upfront fee for the service, this depends on specific consultants and how they agree with the client. In Indiana for example, an individual is not able to negotiate a short sale unless he is a licensed real estate agent or a lawyer. Therefore beware of crooks in this field.

First are the real estate agents who represent clients in short sale negotiations. When doing this, they don't use the name negotiators since they may end up being sued as they are not lawyers. You find a very thin line between negotiation and practicing law hence the fear. Good ones will advise clients to seek some legal and tax consulting from the professional so as to be safe. Such consultants keep on liaising with the client before making any move as the deal progresses.

Lawyers who do short sale negotiations are in the second category. Good ones are those who practice law and have experience in real estate negotiations or have clerks with the experience. If not then you are just being taken for a rough ride. Indiana Short Sale Consultants with a law background and no real estate experience are not recommended.




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