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short sale fees

Do I Pay Any Fees For Completing A Short Sale In Arizona?

Hello everyone Kelly Cook here, your :k1: short sale specialist, thank you for your time today. I work with Keller Williams Realty in the :k1: area and use this blog to share valuable information with distressed property owners on their ability to avoid foreclosure through the means of a short sale. If you have seen the value of your home greatly diminished or can no longer afford your mortgage please browse my website or call me directly to discuss how the Kelly Cook Real Estate Group can help you.

For my blog today I wanted to talk with :k1: homeowners about any potential fees that may be associated with a short sale and who ultimately pays them. This is a very important topic to discuss and is a question I get from many clients when discussing the costs of a short sale. While there are some short sale agents who will charge you upfront fees at the Kelly Cook Real Estate Group we never charge you a dime for completing a short sale. When completing your short sale packet one of the documents that is submitted is an estimation of fees associated with the sale of your distressed property. This sheet outlines any fees or charges that will result from selling your home and must be approved, and paid for, by your lender. When a homeowner is considering a short sale the last thing they need to worry about is another bill to pay and that is why all of our services are free to use for :k1: homeowners. Many homeowners I have spoken with feared doing a short sale because of unexpected fees but with no money out of your pocket now is the time to sell your home.

To get your questions answered or to start your short sale today please fill out a contact form on my website or call my office directly. Thank you for your time today and I look forward to helping you soon with your :k1: property needs.

Who Pays The Realtor Fees In A Short Sale?

Hi everyone, this is Kelly Cook with the Kelly Cook Real Estate Group, your :k1: short sale specialist. We can be found online at www.azkcrealestategroup.com. We specialize in helping homeowners across the :k1: area find alternatives to foreclosure through the means of a short sale. Today we are discussing some related questions that we get asked a lot: “Who pays your fee if you help a short sale?”, “How do realtors get paid in a short sale?” and “Do we pay out of pocket for anything?”

The answer to these questions is that no money comes out of your pocket because the bank pays our fee through their net proceeds. For example, if we obtain an offer for $200,000 on your short sale we provide the bank with an estimated net sheet. One of the pieces of the short sale packet that the bank requires is this estimated net sheet. If we are able to give them an offer for $200,000 the bank wants to know what they’ll net out of it. We put together a net sheet form specifically showing the realtors fees, escrow fees, property fees, HOA transfer fees and any other miscellaneous fees deducted out. We put all of this in the net sheet for them ahead of time so they can see exactly how much they will net if they approve the short sale.

Again, the homeowner pays no money for our services to help them do a short sale and get out from under their mortgage debt. Please contact us today with any questions or check out our Short or Stay Calculator to help you determine if you should stay in your home or do a short sale. You can reach us on our website via the Contact Us form, email us at info@kellycookhomes.com or call me directly at 480.227.2028. We hope to hear from you soon and help you with your short sale in the :k1: area.