Different San Diego Short Sale Lenders Act Differently
When you are trying to buy a short sale in San Diego, you are at the mercy of the short sale banks or lenders. No two lenders are the same. Some lenders are quick to make a decision. Others take months. Some are easy to deal with. Others are very difficult to deal with. Be prepared to have different outcomes with different banks. Typically, local San Diego banks tend to be more accessible and easier to deal with, but don't count on it. Larger, nationwide banks can be more difficult. Finding the right person to talk to at the bank can be an arduous process. Dealing with extra paperwork and extra delay times for decisions is the norm. Dealing with time differences depending on where the bank representatives are located can also present hurdles. As the buyer of a San Diego short sale listing, you will not have to deal with any short sale lenders directly, but it is good to know what your agent is dealing with on a daily basis as you wait for a response. Be sure that your San Diego real estate exclusive buyer agent determines up front how he/she is going to communicate with the listing agent and the bank representatives. Communication is the key.
Exclusive Buyer Agents do not list homes for sale and never represent sellers. They have no "inventory" to try to sell you. They can represent you in purchasing any home. They are specialists at representing buyers only on the buyers' side of the transaction. Exclusive Buyer Agents work to get buyers the best price and terms when they buy a home.
If you have excellent credit and plan to buy a home or condo in San Diego County within 90 days, contact Justin Gramm to hire an agent on your side of the transaction. Call Justin at (858) 437-2662 or E-mail.