What Indiana Short Sale Consultants Do

By Jerri Perry


Indiana Short Sale Consultants are also called short sale negotiators. They do no fighting for the client but only present the paperwork and accept them back ensuring the client gets a good deal. They however solve your problem of negotiating with the bank hence reaching a quick sale settlement.

They work solely for you and do not represent the bank. At times some clients have the feeling that the consultant is working for the bank, this is never the case. They have to be on your side at all times unless when you have no negotiator.

Sometimes sellers think they don't need a negotiator, and that they can handle the bank alone therefore cutting expenses. If you have no wide experience dealing with the banks and real estate, then you are setting yourself up for a bad deal. The bank will never be on your side no matter what they tell you. They can never be trusted as they have a mandate of maximizing their own revenue even if it mean at your cost. Never believe the sugar coating they do before deals.

Their mission is maximizing revenue. Letting them advice you is just opening the barns for them to take whatever they want. They will get what they want be it at the seller's or the buyer's expenses so do not be a victim at all. Short sale consultants will advice you accordingly and warn you of pitfalls to avoid. Their ethical standards in Indiana do not allow them to make money at your expense so always consider hiring one.

The main job of the negotiator is to persuade the bank to allow the transaction. They are convinced to do this while minimizing expenses and the related headaches to the seller. With a good negotiation, the seller gets to sell the property without any extra out of the pocket expenses and at a maximum return.

In Indiana, you will find many types of quick deal service providers. They basically represent the seller in the process and some do ask for upfront payment for the services while others invoice you after the transaction. This also depends on the agreement with the client. In this state, not anybody can negotiate on behalf of a client unless he is a lawyer or a licensed real estate agent. Some crooks wiggle through this to represent clients even though they are not authorized by law.

There are real estate agents who do quick sale negotiations for clients. They however avoid using the name short deal negotiator for fear of being sued. The line between practicing law and negotiating quick sales is very thin hence the fear. They will however advice you to seek legal and tax advice from the professionals so that you can be safe. They will keep consulting the client before making any decision as the deal progresses.

The other group of short sale negotiators is lawyers. Those with a real estate background or if their clerks have real estate experience, then your settlements will go on well. Otherwise Indiana Short Sale Consultants who are only lawyers and nothing else will just take you for a ride.




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