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What Can a Buyer Do to Speed Up that Short Sale?

By
Real Estate Agent with Elizabeth Anne Weintraub, Broker DRE #00697006

sacramento short saleSometimes, people think I have all the answers. Well, I don't. I don't have a crystal ball on my desk, either. I can't predict the future. Couldn't tell ya if it was gonna rain tomorrow. OK, in Sacramento, in June, highly unlikely. And although I've never put my shoes on backwards, I have been known to show up at the office wearing two different shoes: one black, one navy blue. But who hasn't? You perhaps? You've never accidentally slipped your feet into shoes that don't match? Well, then, I've just given you something that you can feel good about today.

When you're feeling bummed out over that long and troublesome short sale, you could do something more productive with your time than fret. You can put together a list of stupid things you've never done and feel proud of yourself. I'll start. Hey, I've never fallen face first into a mud puddle. I've never walked out the door without my pants. I've never thrown up on my brother. Oh, wait. But you get my point. Because goodness knows, it's important to keep up your spirits. To laugh a little.

Now that you're chuckling and hopefully in a better mood, see, this is when I'm gonna lower the boom and say that if you're buying a Sacramento short sale, there is really nothing you can do to speed up that short sale. You can ask your agent to call the listing agent daily. You can threaten to cancel the escrow. You can issue ultimatums and deadlines, scream and shout until your face turns blue, but none of this will make that short sale zip along any faster.

If you're lucky and an experienced Sacramento short sale agent is working on your file, you've got to be patient. Short sale agents don't have any aces up their sleeves. Hey, Rocky, watch me pull a rabbit out of my hat! If I could drive down to the bank and beat the negotiator on the head with my laptop, I'd do it, but that's not how it works. If that short sale agent isn't experienced, well, even dead fish float downstream.

And you know what else? I've never accidentally set my hair on fire.

I've done it on purpose.

Photo: Big Stock Photo

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Comments(12)

Lori Churchill Cofer
Beasley Realty - Pullman, WA
Realtor - 509-330-0086 - Pullman, WA

Elizabeth,

That is hilarious!  Tell us about the hair!

Jun 21, 2010 03:26 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Elizabeth, what a funny read and a great way to start the day!  I've never worn 2 different shoes to the office, but many of my friends have.  We were going to start a special club for them.  One day a coworker drove to work in her slip, I've never done that either LOL

Jun 21, 2010 03:32 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

I love your sense of humor.  And it is so important to keep one when you are involved in a short sale.  That's why you haven't run screaming for the hills yet and take each day, each transaction as it comes. 

Jun 21, 2010 03:45 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Well Elizabeth, you are a better person than me.  I've walked out of the house and driven half way to work without my skirt on.  And, I've set fire to my hair. . .Granted it was when I was younger and had hair down to my waist.

Jun 21, 2010 04:38 AM
J. Philip Faranda
Howard Hanna Rand Realty - Yorktown Heights, NY
Associate Broker / Office Manager

Just curious as to where Myrl lives. LOL

 

Jun 21, 2010 04:59 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Lori: It was in the 1960s. What can I say? I was leaning over a stick of burning incense. That's my story and I'm sticking to it.

Hey Phil: Knowing Myrl, I suspect she was wearing a slip.

sacramento short sale agent

Jun 21, 2010 05:29 AM
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

Well I have gone all day with a T-shirt inside out.  Even went to meet with some clients and they didn't say a word.  Today I did close on a SunTrust short sale.  YEA!  It took an email to the CEO's office to light the negotiators pants on fire.  Hmmm wonder if has cooled off yet?

Jun 21, 2010 05:36 AM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Don't kid me:  the only reason "the Sacramento short sale specialist" hasn't hit a negotiator with her laptop is the distance involved in the throw.

Jun 21, 2010 06:19 AM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Elizabeth - LOL!  You are so funny and on a Monday no less.  Thx for the laugh especially after having finally closed an absolutely horrible BofA short sale recently.  OY VEY!  What a nightmare (that's a whole other post). 

But in the end, my client was estactic.  Went to see her on Friday and she had the house full of contractors already starting in on the things she wanted to do to the place.  When I asked her if it was all worth it, her response, "Oh yes Donne, I love my home".  That's all I need to hear to continue on.

Roll







Jun 21, 2010 09:51 AM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Elizabeth,

No, no. no... what do you mean "people think I have all the answers. Well, I don't."? I was absolutely sure that you do know everything.

Do not disappoing me. Even I can predict rain in June in Daytona (cause it will rain practically every day) ;-)

Jun 21, 2010 07:11 PM
Russell Lewis
Realty Austin, Austin Texas Real Estate - Austin, TX
Broker,CLHMS,GRI

This is a very funny post in a dark sort of way. I have  clients from California who are buying investment property here in Austin but were thinking they might also want to take a run at a short sale back there at the same time. I sent this link along with some of the others here at AR as "dood for thought"

Jun 22, 2010 01:25 AM
Don Sabinske
Don Sabinske, Sabinske & Associates Inc. - Zimmerman, MN
Sabinske & Associates Inc.

Congratulations....and thanks.  Those buyers' agents calling me daily drive me up the wall.  If I could, I would.  The investors have to mull over the numbers, the poor schmucks riding the files have hundreds on their desks.  I do my best.  I call them.  I'll call you when I have something to report...if I don't call, there is nothing new.  Thanks.  Save your minutes for something productive. 

Jun 24, 2010 04:35 PM