Beat the clock – Short sale sellers tick down to December 2012

Great blog with a realistic timeline.  People don't want to think it will take so long.

Wow! Tick tock is correct! This is a very, very good post and information. I will be sharing this with my co-workers, office and clients. Thank you!

Hi  Valerie,  yes time moves very quickly...thanks for the reminder.....and let's hope it is extended.

Valerie, I appreciate your sharing this information. I like how you have provided for all possible contingencies in your timeline.  That makes it very realistic and easy for a Seller to see just how little time a year can be.

Thanks, I will definitely share this with my Sellers to motivate them into action. 

Valarie,

Thanks so much for pointing out the Debt Forgiveness act and the link.

Val

It's important to keep pointing out to distressed property homeowners that the Mortgage Debt Forgiveness Act has a limited timeline. And as more and more short sales come on the market, we have to encourage property owners to take action or it may be too late.

And hopefully, the banks will get their act together and streamline the process. i haven't noticed any improvement, even with the introdcution of the Equator system where we have less live interaction with the negotiators.

Great information that is easy to see it takes time to do a short sale.  and who knows about the debt relief act and if it will be extended.  Hoping it will be!