{"id":399,"date":"2022-09-04T14:43:38","date_gmt":"2022-09-04T14:43:38","guid":{"rendered":"https:\/\/iamfacingforeclosure.com\/2022\/09\/04\/i-am-facing-foreclosure-com-new-mexico-foreclosure-rescheduled-more-time-for-short-sale-2\/"},"modified":"2022-09-04T18:40:23","modified_gmt":"2022-09-04T18:40:23","slug":"new-mexico-foreclosure-rescheduled-more-time-for-short-sale-2","status":"publish","type":"post","link":"https:\/\/iamfacingforeclosure.com\/new-mexico-foreclosure-rescheduled-more-time-for-short-sale-2\/","title":{"rendered":"New Mexico Foreclosure Rescheduled, More Time For Short Sale"},"content":{"rendered":"<div class=\"entry\">\n<p>Just got off the phone with the law firm.  Foreclosure auction rescheduled to March 1st.  <em>Sweet!<\/em>  I have some time to attempt a short sale.  <\/p>\n<p>The question is&#8230; should I do it myself or hire a competent real estate agent who specializes in doing short sales. My current agent has never done short sales. If I do the short sale myself I would keep my current agent as the listing agent but I will do all the paperwork and negotiations for the short sale with the bank.  I would ask the current agent to take a discounted commission or ask him to reimburse me for the work I would be doing for him.  If I hire a different agent that specializes in short sales I would ask the current agent to cancel the listing and I will re-list with the new agent.<\/p>\n<p>Hiring a short sale agent vs. doing it myself:<\/p>\n<p><strong>PROS<\/strong><\/p>\n<ul>\n<li> Outsourced &#8211; will save me time <\/li>\n<li> Will not have to figure out how to do a net sheet <\/li>\n<li> Short sale package will actually get submitted <\/li>\n<li> Establish relationship for future deals \/ referrals <\/li>\n<li> Third party representation so the bank doesn&#8217;t get a funny feeling about the borrower negotiating his own short sale <\/li>\n<\/ul>\n<p><strong>CONS<\/strong><\/p>\n<ul>\n<li> Miss out on the learning opportunity of doing a short sale step-by-step <\/li>\n<\/ul>\n<p>Hmm&#8230;. <\/p>\n<div class=\"post_meta\" style=\"margin-bottom: 10px; margin-top: 20px\">\n<p class=\"tagged\">Filed under <a href=\"\/category\/deals\/\" title=\"View all posts in deals\" rel=\"category tag\">deals<\/a>,  <a href=\"\/category\/foreclosure\/\" title=\"View all posts in foreclosure\" rel=\"category tag\">foreclosure<\/a>,  <a href=\"\/category\/short-sale\/\" title=\"View all posts in short sale\" rel=\"category tag\">short sale<\/a>,  <a href=\"\/category\/deals\/rio-rancho\/\" title=\"View all posts in Rio Rancho\" rel=\"category tag\">Rio Rancho<\/a><\/p>\n<\/p><\/div>\n<div class=\"navigation\" style=\"font-size: 1.0em; margin-bottom: 0px\">\n<div class=\"previous\"><a href=\"\/159\/good-things-are-coming\">Good Things Are Coming&#8230;<\/a><\/div>\n<div class=\"next\"><a href=\"\/161\/casey-serin-satire\">Casey Serin Satire &#8211; Pictures and Song<\/a><\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Just got off the phone with the law firm. Foreclosure auction rescheduled to March 1st. Sweet! I have some time to attempt a short sale. The question is&#8230; should I do it myself or hire a competent real estate agent who specializes in doing short sales. My current agent has never done short sales. If [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,14,11,26],"tags":[],"_links":{"self":[{"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/posts\/399"}],"collection":[{"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/comments?post=399"}],"version-history":[{"count":1,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/posts\/399\/revisions"}],"predecessor-version":[{"id":636,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/posts\/399\/revisions\/636"}],"wp:attachment":[{"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/media?parent=399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/categories?post=399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iamfacingforeclosure.com\/wp-json\/wp\/v2\/tags?post=399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}