What to Do While Waiting Out Your Short Sale

By Storbox Self-Storage on April 19, 2012 - Comments off

Pasadena Moving TipsSo is this blog post for people who are short-selling their house, or is it for people who are waiting around to buy a house on a short sale? Actually, it’s both. There is a lot of waiting around during a short-sale on both ends of the process. Short sales are not always a done deal, because you never know what the bank is going to decide. Is it going to approve the offer? Is it going to counter the offer? It’s likely that many offers have already been denied for one reason or another. One thing is for certain though: while you’re waiting around for the negotiators to do their job and the bank to make a decision, both of which seem to be taking a lot longer than they should, both the seller and the buyer are in limbo.

What can you do while you’re waiting for this decision that is “supposed” to come in two weeks or that other decision that “should” come in another two weeks (but takes another four)? Get the wheels turning and the storage trucks moving. To avoid going stir crazy while waiting on decisions completely out of your control, it’s important to take care of things that are in your control.

If you are going to be moving out, start figuring out where you’re going to go, what you’ll need when you get there, and what you won’t need. Put the furniture and possessions you plan on taking with you (that you don’t need while waiting for the bank) in self-storage and have a garage sale for the things you know you won’t take with you.

If you are a buyer waiting on a short sale, it’s a little bit more complicated. There are quite a few factors that impact the likelihood that you will actually get the house, but, there are instances when the chances are very high. In this type of situation, you can get ready for your new house by buying what you’ll need for the new space and keeping it in self-storage until it’s ready to move in. Having everything ready to go can make the moving process significantly smoother and quicker. Plus, with a storage unit, you won’t have to worry about where to put everything while you do a little remodeling.

Having a self-storage unit can help make your moving process easier, whether you are short selling your house, buying a house on short sale, or just moving from one apartment to another. At STORBOX, our Pasadena self-storage facility is committed to providing customers with the unit that best fits their needs. To find out how self-storage can improve your moving process, call us today at (626) 793-9888.

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