Feedback and advice on Short Sales

Question

I'm in a situation where I need to go into short sale on my house. I want to know if anyone can recommend reliable, credible companies that do Short Sales for the individuals? I have found that there are ones that do it for free and ones that charge, if there is anyone who has gone through a short sale on their house and can shed some light on this, would be very helpful. Is there government agencies that do this for you which are free?

Answer 1

In the end the lender is the sole and final arbiter of the situation without their approval the sale is dead on arrival  

Answer 2

You just list the house with a real estate agent.  They get a commission from the sale, which would be taken care of by the bank.  

DO NOT PAY someone to sell your house through a short sale.

Good luck!  

Answer 3

you have to get permission from your lender and then list the home for sale and the lender must approve the transaction and you will get a 1099 for any balances owed  

Answer 4

Use only a real estate agent to handle your short sale. There are a lot of unethical people and predators looking to make a quick buck off the desperate.