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Replies (9)
- FriendshipProperties
- Contributions:783
There's no centralized brain or logic.
The Banks are counting on the Democrat Congress and Obama to stimulate them with another $ One Trillion Dollars to cover their losses.
They are holding off on Short Sales until they see that Legislation pass.
They have no interest in losing money.
Best wishes,
Fred Griffin
They are holding off on Short Sales until they see that Legislation pass.
They have no interest in losing money.
Best wishes,
Fred Griffin
- Ramin Lavi, "Ramin Lavi"
- Contributions:32
Don't back down and call every day. Every day log the name of the individual you speak with their employee number, refer back to these people each time you speak to a rep at loss mitigation. Escalate the file as often as you possibly can; I know it often feels like a hoop jumping festival trying to get short sales approved but if you are persistent and strong on the phone you will get an approval.
- Jeff Konstant, "jkonstant"
- Contributions:1970
And just a few years ago all we had to do was work 4-6 days with buyers.
- frisky1
- Contributions:448
Tell your idiot buyers that there are no free lunches and if they want a deal they have to work for it. they can either go door to door looking for a desperate seller who suddenly has to get out or wait for a short sale. Do they think people are lining up to save them time and money? Otherwise shut up and pay close to asking on a non short sale.
- Johnny James, "Palmdale Mortgage"
- Contributions:406
Short sales are a negotiating work of art. No one day of work or a couple of phone calls. The process will take 60 days to even get started and that is after you have a complete package. Be prepared to send the same documents and make the same phone calls dozens of times. The biggest factor though make sure your buyer can close in 21 days otherwise you are wasting your time.
- Terri Linnell, "DebtsNMesses"
- Contributions:6728
Don't show the short sales. Tell the buyers that when the home is put back on the market after it's foreclosed, you'll have saved them thousands by waiting...
- Linda Strasberg, "L Strasberg"
- Contributions:2316
I don't do that!
- Kenny Wagner, "kennywagner"
- Contributions:10
If you're not already on this site, you should become a member:
Short Sale Superstars
It's anyone and everyone in the short sale game helping each other out with the latest.
Best of luck to you.
Kenny
Short Sale & Foreclosure Specialist
Short Sale Superstars
It's anyone and everyone in the short sale game helping each other out with the latest.
Best of luck to you.
Kenny
Short Sale & Foreclosure Specialist
short sales ............rrrrrrrrrrrrrrr
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- 5.0/5.0
- (5 reviews)
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