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shorts sales: Short Sales...Go ahead and Dig In! - 06/02/08 10:08 AM
If you haven't guessed by now, foreclosures are getting WORSE!!!
Just as predicted, the rate of REO's lenders are carrying are up 33% from January to April of 2008. More than at any point during the current mortgage crisis, lenders are willing to drop prices significantly. But, Quite frankly.....
"It ain't Good enough"!
Short Sale acceptance agreements are going to be easier to negotiate during these upcoming summer months. Banks almost have no other viable options. They are finally realizing that in many cases they are neting as much or more for a short sale offer. It appears lenders are no … (11 comments)

shorts sales: Why would any Realtor want to do Short Sales? - 02/02/08 10:09 PM
 
I am perplexed why a Realtor of a sound mind would get into the business of Short Sales!? When did they start teaching this in Real Estate Agent Schools? It was my belief and the belief of many that Realtors were graduating from a long classroom experience or online boredom to get listings! What kind of listing is an over leveraged, seriously behind on mortgage payment and in many cases in severe need of upgrades or repairs client? When did that description become the main menu of choice? I know Realtors in Manhattan or L.A. aren’t looking for that…..or are they? … (5 comments)

 

Clark Garrison, "LOAN MODIFICATIONS"

Atlanta, GA

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