Yesterday I posted info on the HAMP program and how it was being applied to a current short sale negotiation in which I am involved. Last Friday, we were assigned to phase 1 negotiator and tonight I was called by the phase 1 negotiator informing me that we were moving to phase 2. I think this is awesome progress compared to a prior experience I had and what I had heard of from other brokers. Just wanted to share that I think things might be getting better in terms of timeliness. On 12/19, we submitted offer to bank and three weeks later (remember we had holidays during this period), our information is certified as complete, appraisal is done, and we are moving to phase 2 which I think is the final phase!
Benchmark Realty, LLC - Murfreesboro, TN
Good job, keep us informed and let us know if you get closed before 3 months are up.
Jan 13, 2010 01:08 PM
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co
Maria,
Are you saying that B/A actually CALLED YOU with an update? Is that possible? Maybe there is a possibility of world peace someday.
Jan 13, 2010 01:09 PM
Sine & Monaghan Realtors, Real Living - Grosse Pointe Farms, MI
Providing the very best of service to Sellers and
You better "pinch yourself" because I think you're having a dream! Maybe short sale processing really is getting better. Good for you.
Jan 18, 2010 12:28 AM
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