Ozzy Morenza's Q&A

Hey, Kblitz9,  it is obvious you have had some Realtor really screw you up.  Look Realtors are people, just like Lawyers, Cops, Judges, Clergy, etc.  any walk of life.My opinion, but I say they are no better or worse, so when you say "real estate agents are the most untrustworthy people to do business with."  I think you are either not very bright, or just simply very upset about your previous dealings.  I don't think that you are not very brigth, so it is most likely the second item.Kblitz9, I have had issues with many, many professionals, but every so often I find a great one, I say be specific about complaining on the person or persons that have done you wrong, and don't throw us all into the same bucket because it is unfair,  I have a feeling that whatever you do, you probably do it well, simply because you understand what it is to give bad service, because that is the bottom line, service, no matter what field you are in..

don't ignore Zillow, but also don't take it as an appraised value,  I think the correct response is, find a Professional that knows the market area, get him or her to do a CMA as mentioned in another previous post, take the zillow info, the CMA info, and you should be able to come up with a price that is closer to being what the home maybe worth. I think in appraisal school they say appraising is an art not a science, not sure of that is true..

"What is involved in a short sale" Well from a buyers point of view, assuming you are working with a realtor, you should ask for a CMA=comparative market analysis, this is what a realtor can do to come up with what this property should be worth in the present market, this is important, since if the CMA comes out, to for example with a value = $150,000  the banks will not be very interested in an offer for $80,000, EVEN IF THE PROPERTY IS LISTED FOR $80,000, find out who and how they came up with the listed price... unless you are offering cash, it is hard to get them to take extremely low offers.PATIENCE and asking the correct questions, like who will be negotiating your offer with the bank? if the person negotiating directly with the bank doesn't spend the required time and effort, the deal will take twice as long if not longer, and in some cases just fall through.Number one Point use a knowleadgle Realtor VERY important...