Active Rain Family Does it Again--This Time It's Short Sales!
I had the honor of participating in the first of a five-part series on Short Sales with Bryant Tutus & Wendy Rulnick and the class was absolutely wonderful! As you all know, I've been very fortunate to live in an area that did not have the 'bubble' to burst but, the national economy has slowly but, surely 'trickled down' to Charlotte! We had never even heard of short sales in 2007 and now, we are seeing them--and we need HELP!
Bryant (aka BB--TLW's 'other-half'!) and Wendy, fellow Active Rain members, have offered a five-part "Short Sale Basics" course via webinar at a very affordable price. They have both been participating in short sales for many years and together, share a wealth of knowledge that they're freely sharing with us! Okay, it's not really 'free!'
After some guidance with my first few short sales from TLW, I realized that anything and everything that I could get my hands on that related to short sales was of utmost importance for my very-near-future--and my clients. With the wave of short sales hitting our area now, it has become increasingly stressful to watch agents who don't have a CLUE, list short sales and then have them turn into nightmares--not only for the sellers but, the buyers who are patiently waiting lender approval--that never seems to come to fruition.
I would just like to thank Broker Bryant & Wendy for so generously sharing their knowledge and helping those of us who do want to become perficient in this process, succeed--and, of course, TLW for getting me started until class was in 'session!' You guys are awesome!
A few of the short sale terms that we touched upon during the first session.
Image above created by the Wordle.net web application are licensed under a Creative Commons Attribution 3.0 United States License.
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Debe,
You were not doing short sales? That's a surprise. Really, real estate is local in nature. And sometimes it is so weird. Lately, every prospect walking into my office is from Kentucky. Why Kentucky? Have no clue. Actually we never had prospects from Kentucky before. We had a lot from Ohio, New York, Georgia, but never Kentucky. ANd I guess they are not accustomed to short sales either.
Go figure.