buyers: Shorter Short Sales Are Coming
- 11/04/09 04:33 AM
The dreaded short sale…you find a property at a great price, make an offfer, and wait. Many times the bank takes months to respond, creating frustration among buyers, sellers and agents. I personally groan when I pull up properties for clients and see they are short sales; although I do show them to my buyers I tell them up-front that it could be a long time until the bank responds to their offer, so not to give up searching for other properties. As a lisitng agent of short sales I feel I have a little more control, but only because I … (0 comments)
The dreaded short sale…you find a property at a great price, make an offfer, and wait. Many times the bank takes months to respond, creating frustration among buyers, sellers and agents. I personally groan when I pull up properties for clients and see they are short sales; although I do show them to my buyers I tell them up-front that it could be a long time until the bank responds to their offer, so not to give up searching for other properties.
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