Chad Vincent's Blog - Archives February, 2009

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Home : Blogs : Chad Vincent : Chad Vincent's Blog : Archives February, 2009

Avoiding Short Sales, Like The Plague - 02/11/09 01:15 AM

Why do most agents steer their clients away from these homes? Perhaps my story will shed some light to why we skip to show these properties. My last four transactions went like this
1. I submitted an offer for $390,000 on behalf of my client on a short sale. The bank wanted $410,000 so they turned it down. A month later, the home went into foreclosure. Four months after that the home sold for $310,000.
2. I received an offer on my short sale listing for $200,000. The bank said it was too low and ordered a broker's price opinion. It … (0 comments)

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Chad Vincent

Lodi, CA

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Area Pro Realty

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