Guy's Blog - Archives October, 2010

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Home : Blogs : Guy Berry : Guy's Blog : Archives October, 2010

HAVE THE BANKS LOST THEIR MIND? What's really going on on Short Sales? - 10/18/10 06:34 PM

Have you had crazy behavior from banks on Short Sales. Just when I thought it was getting better, they continue to act weird. That is scary since these are very sophisticated organizations. For example, Chase once told me that unless we paid the water bill upfront, they would not consider looking at our documents. And, I asked, why would we do that when you might foreclose anyway. That is our position, they said and hung up. I presented a short sale and they foreclosed anyway.
I have had another experience twice recently. Homeowners try for a loan mod, in one case … (9 comments)

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Guy Berry

San Jose, CA

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Guy Berry is a frequent expert witness in real estate litigation and an accomplished trainer in real estate law and contracts. In addition he has been licensed for 30 years as an agent and managed large offices, including Coldwell Banker and Century 21.

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