Home : Blogs : Patty DaSilva, CDPE©- Certified Short Sale Expert- e-PRO®- Ft Lauderdale : Patty Da Silva's Blog

Are you really trying to sell your home or are you just milking the bank?

We all have seen homes that are untidy, but your eyes are not going to believe what you are about to see. I know I could not believe my eyes......

My showing was scheduled and confirmed the day prior to showing, so seller had plenty of notice.

This home is in an upscale neighborhood, and it is now listed for $500,000 as a short sale. In my market, homes listed at $500,000 are usually spotless, often staged never cluttered.

I cannot help but wonder if seller has the home listed to buy time, while living for free and taking advantage of what would have been a beautiful home (cleaned), great community and A++ Schools.

This seller, in my opinion, is not really trying to sell the home. This home would have been under contract, a long time ago, if there were no moldy clothes on the bathroom floor and needles on the kitchen counter..

It also begs the question.. where is the listing agent????

Help lots of people and have a great day!

Patty Da Silva, CDPE©, RESS®, AHWD®, e-PRO®, GREEN, CFS
BROKER - Owner REALTOR® - Green Realty Properties

Visit www.pattydasilva.com for SouthEast Florida's best properties.

Posted by Patty DaSilva, CDPE©- Certified Short Sale Expert- e-PRO®- Ft Lauderdale on 10/04/2009 02:28 PM

Comments (11)

Listings in the ActiveRain Channel

bad listings

Post is included in group: "Whacked"!!!
Post is included in group: Short Sale REALTORS®
Post is included in group: Realtors®
Post is included in group: REALTOR LIFE
Post is included in group: Diary of a Realtor

11 Comments on Are you really trying to sell your home or are you just milking the bank?

OCT

The lender isn't going to delay any possible foreclosure proceedings just because the house is a mess. They have no idea what is going on in the home. The only thing the owner is doing is living in a messy house and not facing the reality of the situation.

Really a shame -I would be extremely embarrassed as a listing agent as well! I sure hope you notified the listing agent - given the benefit of the doubt maybe they are not aware of the mess???

I am sorry Pat but I am going to disagree with you...

Lenders will file the NOD at the right time, after 3, 4 months, but after that, seller can manipulate the lender into believing they are making an honest effort to sell the home, delaying the foreclosure process...

Furthermore,

Sellers hire attorneys and go to hearings and request the courts to give them more time to "sell" their home and they often get it.

Valerie,

I did notify the agent. I can only hope she did not know...

But it is hard to believe that this is an unique incident... The kind of mess this home is in, does not show up from one day to next.

I would feel extremely embarrassed, in any price range, but at this price point, it is REALLY embarrassing.

WOW, Of course the lender isn't going to delay any possible foreclosing proceedings just because the house is a mess...but the job of the listing REALTOR is to SELL the home and avoid a foreclosure...it is ridiculous that the bank would even go the foreclosure route in this instance...the sellers hired a REALTOR to SELL their home and it is the job of the listing REALTOR to put some heat on these sloppy home owners in order to AVOID the seemingly inevitable foreclosure at hand...or cancel the listing!! I smell something suspicious here!

Oh my goodness!! It never ceases to amaze me. I showed a condo yesterday where the sellers had 24-hour notice. When we got there, they admitted that they had just gotten up (1:30 pm) and the place was a pig sty. My buyers couldn't wait to get out! Shame on the listing agent.

Margaret,

Our job never ceases to amaze me either! I feel for our clients, they suffer more than we do since for them, this is something they rarely do in their lives.

OCT

Hi Patty - Looks like one of my listings! I actually like this because it leaves a bad taste in the mouth of the BPO agent.Plus we don't want the BPO agent to see granite countertops or think the bathroom was a place of tranquil luxury, do we? ;)

Anyway, to answer your question, the listing agent is helping their clients to the best of his/her abilities. My opinion is that a listing agent should maximize the advantage of a short sale for their clients.

Great Blog. Let me know if you want to exchange pictures! ;)

The best short sale I had was a guy who gutted the insides of his house to grow marijuana. His hardship was he got caught and thrown in jail and the cops took his crops. Can we say loss of income as a hardship? ;)