reo: Gaining some control in a short-sale transaction:
- 12/22/09 06:29 PM
There are few things that can frustrate an agent more quickly than a short-sale transaction. Many of these dealings have been taking 3+ months to close; if they close at all. The agents involved seem to have minimal control over how quickly the lender processes the short-sale request, accepts an offer and closes a transaction. It often is a situation where one has so negligible power and can be so easily manipulated by others. We are subjected to a transaction moving at the lender’s pace and therefore, mercy. One thing we agents can control is the consistency with which we approach (0 comments)