Neighborhood Assessment
When we do a short sale we leave no stone unturned. We want to know as much about this neighborhood as possible. We want to begin digging for information that is usually outside the realm and reach of ordinary short sale negotiators.
We want to know the nice things about the neighborhood but what we’re really looking for are the skeleton’s in the closet. They’re there and we need to find them. We want to know anything we can find out about this neighborhood that adversely affects the value of the property.
Obviously if there are adverse items affecting the potential re-sale of the property we must be good stewards and let the bank know..right!
