botched short sales: Hard to unring the bell.... - 05/16/07 08:35 AM
I did my first short sale in 1985 or 1986, and have been involved since then in shorts from all sides of the closing table: as buyer, as seller, as real estate agent, and as loss mitigation expert for the foreclosing mortgagee. I've spent years reviewing failed short sale attempts (my own, (6 comments)
All things foreclosure: subprime & predatory lending updates, mortgage origination fraud, loan servicing errors, loss mitigation, preforeclosure sale and preforeclosure short sale transaction construct, etc.
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