Wachovia Short Sale Happened TOO FAST for my Sellers 
If you are familar with short sales then you know that a WACHOVIA short sale is MECCA. If you didn't know that Wachovia Short Sales are approved FAST, have you been living under a rock?
Wachovia has it together and approvals are rapid.
My Brentwood seller has a plan to move to Arizona November 1. I talked to them in June regarding doing a short sale for their family home. I knew that listing the house in June would never work for thier time line.
August 1st we listed their Brentwood, CA property, August 15the had an accepted offer and September 12th we had an approval. The negotiator told us Ocober 15th to close.
The seller is NOT ready, they can't possibly be ready to move until November 1st. They want an extension. The buyers want thier house and want to close on time.
Now what?
I see this happening more and more. A house is listed for sale as a Short Sale. The offer comes, after months of waiting the approval comes with a 30 day close and the SELLER doesn't want to move out.
Note to sellers, it is your decision to sell your property as a short sale or otherwise. Please start preparing to move when you first put your home on the market. Although we can estimate based on past sales when your short sale will be approved, their are no guarantees.
Short sales are frustrating because we can't be definitive. We could have an approval in 3 weeks or 3 months. The ONLY thing I know for sure, after hundred of successfullly closed short sales, is that you will be moving, so be prepared.
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