Centerville, KS
AMEN! I am working a couple short sales right now...one with Bank of America and the other with Chase. I have actually found Chase to be pretty organized and moves quickly for the most part.
They really should change the name to "Long Sale" because that's what it really is!
Dec 07, 2011 06:47 AM
North Texas Top Team, REALTORS (Plano, Murphy, Wylie) - Plano, TX
Collin County Realtor-Lucas, Murphy, Plano, Parker
Kristin, I like it alot....short and sweet...and too the point! It doesn't matter if you are the listing agent or the buyers agent, it takes alot of patience!
Dec 07, 2011 06:47 AM
Owner - RE/MAX Access - KristinMoran@Remax.net - San Antonio, TX
San Antonio,TX - Real Estate - 210-313-7397
SEan - I LOVE IT! Long sale, yes. I think I will start calling them that now. :D
Melissa - Patience is key Melissa. On both sides. I think I will start with a disclaimer on my short sales "Please, Please, please, if you are not a patient agent show your client's another home!"
Dec 07, 2011 06:52 AM
Sapphire Valley Real Estate & Rentals - Cashiers, NC
Sapphire Valley & Cashiers North Carolina Expert
You speak the truth, woman! 1/2 of my short sale contracts this year have been buyer cancelled before bank approval because of the lengthy delay.
One question that always comes to mind during these lengthy deals...because the market is so volitaile, the value at Offer to Purchase time can be much different than the value at Bank Acceptance time, perhaps more than 6 months later! How frustrating, especially when you are awaiting approval on a full price no-contingency contract! Ugh.
Dec 07, 2011 07:14 AM
Owner - RE/MAX Access - KristinMoran@Remax.net - San Antonio, TX
San Antonio,TX - Real Estate - 210-313-7397
Bill - NO joke! Things are a long way off from improvement but I have seen some. Banks need to get a better handle on things if they want their short sales to be successful & not have to go through the foreclosure process. Ugh is right!
Dec 07, 2011 07:20 AM
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate
Amen Sister! Kristin, I tell people this over and over and they're still shocked that it takes so long.
Dec 07, 2011 09:03 AM
Owner - RE/MAX Access - KristinMoran@Remax.net - San Antonio, TX
San Antonio,TX - Real Estate - 210-313-7397
so frustrating Connie! I would like to get in there & straighten out all the lender's short sale processsseesssss. Wonder how long that would take?
Dec 07, 2011 09:08 AM
RE/MAX Access - Schertz, TX
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate
I believe you! That's why I sent you that short sale referral... I know you have lots of patientce. :-) Plus you have the designation.
Dec 07, 2011 03:50 PM
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.
Yes, I have been their and done that and still had it turned down after 7 moths of Patience
Dec 12, 2011 11:42 AM
Rainmaker
491,427
491,427
Kristin Moran
San Antonio,TX - Real Estate - 210-313-7397
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