When conducting a Short Sale, upon receiving an offer, your REALTOR will be working with the lender(s) to negotiate an agreement on the price of the home. This letter, known as the “Letter of Agreement” is a letter that states what the bank will and will not pay for at close of escrow, and what they expect to receive, bottom line, when the transaction closes.
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"Jon helped us short-sell our home in record time. We were all surprised by how fast he was able to bring a buyer, negotiate with the lender, and close the deal. He also helped us find a rental home to move to (which wasn't exactly a financially rewarding transaction for him). Jon is a great guy, a knowledgeable real estate agent, and you'll appreciate having him in your corner during the negotiation process. We highly recommend!"
