short sale challenges: Shorts Sales, the Last Mile - 01/11/10 12:54 AM
I have recently spoken with several new potential sellers who will be requesting a short sale from their lenders. Just when we think things are improving, there are people who have worked so hard to hang on to everything they've got for the hope that their situation will improve soon. For many, it did. For these folks, it did not.
I have worked with several short sale clients during the past 2 years. It's always a sad story and I have to do the best I can to help them get a fresh start. I see them when they are are "rock … (2 comments)

short sale challenges: The Challenging Short Sale - 09/30/09 02:18 AM
I recently closed on three short sales including one with TD Bank and two with Wells Fargo.  I was surprised by the vast differences between the level of service from the short sale departments of each bank, which varied from transaction to transaction. 
During my TD Bank short sale, the sellers had developed rapport with the bank for several months and were on good terms (despite their many personal setbacks, modified payments and- towards the end- no payments made on their mortgage).  The bank was well aware of their circumstances and the sellers took my early advice on how to proceed with the … (1 comments)