Boise Real Estate Source: Kasey & John Boles - Jon Gosche Real Estate, Boise, Meridian, Ada/Canyon/Gem/Boise Counties (Jon Gosche Real Estate, Boise ID)

Boise, Idaho Homeowner Receives $13,000 Selling Their Home As A Short Sale

Post written by John Boles

I recently closed a short sale where my Seller client received $13,000 at closing as a Short Sale Relocation/Seller Incentive and was also released from any further liability for the deficiency. It is possible. See the approval letter below.

Does this happen all the time? No.

When Sellers do receive compensation at closing it is generally between $750-$3,000. The situation where the clients received the $13,000 was from a Servicer (Bank) that does offer substantial compensation on some of the loans they service for completion of a short sale. Depending on the specific situation and the specifics of your loan(s) you too may be able to be paid to complete a short sale.

Not all short sale sellers and loans will qualify for cash compensation at closing but it happens often enough that you want to have an agent that knows how to get that compensation for you if it is available.

Read my next post to see that some “expert” short sale agents with “fancy designations” think that a seller can’t be paid at closing (I will include examples of their published forms that reflect this).

Drop me a line if you are considering selling your house.

John Boles - 208.830.6185

Boise Idaho Short Sale Approval

Treasure Valley Short Sale Approvals

 

 

Kasey & John Boles 

Jon Gosche Real Estate

3931 S. Sumter Way, Boise Idaho 83709

208.830.6186 /kaseyboles@boiserealtystore.com 

208.830.6185 / johnboles@boiserealtystore.com

Associate Broker, GRI, CRS, REALTOR®, ABR, ePRO, SRS, SFR

Search Like An Agent at kasey.BoiseMeridanRealEstate.com

 

 

This is not intended as solicitation if you are in contract with another real estate agent. 

Equal Housing Opportunity.

 

qrcode  Short Sale Genius

Click here to view my Facebook business page Click here to network with me on LinkedIn Click here to follow me on Twitter

 

 

Boise, Idaho Homeowner Receives $13, 000 Selling Their Home As A Short…
share
Post written by John Boles I recently closed a short sale where my Seller client received $13, 000 at closing as a Short Sale Relocation/Seller Incentive and was also released from any further liability for the deficiency. It is possible. See the… more
It's an Eggstravaganza at Zoo Boise!
share
It's Easter (well almost :-). It's an Extravaganza! It's an Easter Eggstravaganza at Zoo Boise Take your kiddos out, and your whole family today - hurry, it's already going from 10:00am - 5:00pm today but there's still time to get there… more
March 2012 Treasure Valley Real Estate Newsletter
share
I have been doing monthly newsletters for probably 2-3 years. However, I did them very un-techy. Basically I just wrote an email and sent it out to my entire database. It did look similar each month as I copied it and changed the content, but it… more
Working Together To Get the Job Done
share
I'm working on a short sale transaction with another agent in my area. I am the buyer agent on this one (many times we are the listing agents). As we all know, things always tend to happen right when we go on a vacation… A couple of weeks ago… more
Thank You Adobe EchoSign, ActiveRain, and the Voters!
share
Guess what… I have an ActiveRain success story to share. It's not a commission check (yet). But it's something that was fun. I won third place in the Adobe EchoSign Trust challenge. Thank you to everyone who read my post and voted for me. My… more
Crooked Real Estate Agents in Boise?
share
My Broker wrote a quick post about strategic defaults and buying a home and then short selling your other home. I know there are people out there doing this - but honestly I would not want to be a part of it either. If you can qualify for two homes,… more
Happy St. Paddy's Day Everyone!
share
May you eat lots of corn beef and cabbage, mashed potatoes and butter. May you eat plenty of peas and carrots, Irish soda bread and dessert. And drink your share of Irish cream, green beer and Guinness. Have a fun, relaxing and… more
Even The Most Pessimistic Real Estate Agents (Like Me! ) Can't Deny…
share
I have to admit, I'm not like most optimistic Real Estate Agents. I like to think of myself as a "realist" (like all good pessimists do :-) I try not to be too "Doom & Gloomy" but I'm certainly not always thinking that "Now is the Best Time… more
Diet Coke, Sushi and a Home Inspection - Meridian, Idaho
share
Meridian Idaho is Pepsi nation. Today I was waiting for an inspection to get over, my daughter was taking a nap in the car, so I was driving around town. I had a craving for a diet coke and I couldn't find one anywhere! 4 different fast food… more
What is KILLING All the SHORT SALES!!!
share
Scott has written a post that is right on about short sales. My husband, John Boles, is a killer short sale listing agent, so if you are looking to sell a home in the Boise, Idaho area give us a call. If you are a Buyer, we can help you with at too!… more