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Replies (2)
- Dawn Barrier, "VegasDawn.com"
- Contributions:39
Sad story, but does unfortunately happen sometimes. Somtimes it is the "investor" who owns the loan not the actual bank that makes these decisions. Hopefully the home will come up as a bank repo and maybe they can get it then and close in about 2 months...maybe!
I recently closed a Wells Fargo short sale here in Las Vegas from list to close in just under 4 months, so it can and does get done.
I recently closed a Wells Fargo short sale here in Las Vegas from list to close in just under 4 months, so it can and does get done.
- Mike Satterlee, "Mike Satterlee"
- Contributions:621
Hi Mike,
That's a bummer! Is it just me or have short sales become more difficult within this last year? It seems like the banks have lost some motivation. I've heard rumors about various formulas on how they get reimbursed by the government on their losses when they take a property back. Anyone have solid info on this?
That's a bummer! Is it just me or have short sales become more difficult within this last year? It seems like the banks have lost some motivation. I've heard rumors about various formulas on how they get reimbursed by the government on their losses when they take a property back. Anyone have solid info on this?
Why short sales are anything but short and sweet.
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- 0.0/5.0
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Contributions:7298Consumerist.com
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