Real estate blog entries tagged with foreclosure by Ed & Terri Smith (RE/MAX Coastal Properties Destin Florida)

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Home : Blogs : Ed & Terri Smith : Ed & Terri Smith's Blog : Tag "foreclosure"

foreclosure: Florida Short Sales - 04/20/08 01:32 PM

Most of the qustions that we receive through our websites these days are pertaining to short sales, buying and selling ... A little background - I have been doing short sales here on Florida's Emerald Coast for 21 years. Back in the early days, the process was much less formal and in fact, many banks back then refused to negotiate at all. Their attitude was pay me or we foreclose, period. Remember the S&L crisis?
At any rate, over the years, most banks have gotten much smarter and have begun entertaining short sale offers, committing significant resources to their "loss mitigation" departments. In the final analysis, the bank's primary … (2 comments)

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Ed & Terri Smith

Destin, FL

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RE/MAX Coastal Properties Destin Florida

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