I have a short sale that is itching to close. It has all the characteristics of being the short sale from hell about one years worth. Two lenders who play dead until you beat on them and then there is investor approval needed too

I WONDER WHAT THE BANKS ARE LEARNING

There are business procedures that when employed produce results and continued business leading to acceptance and permanence in the business communities. Then, there are business practices that when employed lead to without a doubt a business GOING OUT OF BUSINESS. Of course a new dynamic, supported by the government was introduced called ...BAILING OUT...where you get another chance, billions of dollars and don't have to change a thing....

PERFORMANCE ROLL CALL:

1. Buyer (s)... (been) ready already ready already

2. Seller...(been) ready to move on with new life please can we?

3. Agent 1.. (been) ready, steady & go go go

4. Agent 2...(been) ready and wanting

5. Escrow...ready and waiting and waiting and...

6. Title ready...ready and wanting to serve and please and do business

7 New lender...ready and eager to serve and make you happy

8. EXISTING SECOND TRUST DEED....deer in headlights

9. EXISTING FIRST TRUST DEED......ZZZZZZZZZZZZZZZ

10. CURRENT INVESTOR...cant believe this is happening and in 12 month record breaking denial

YOU CANNOT MAKE THIS STUFF UP

I have had multiple buyers back-out, I have over spent my time and no commission covers the years worth of work, and no Public Relations programs or clever marketing will erase the experience the banks have put forth here. One day, the famous "this too shall pass" statement will kick in and with it my money will pass to a credit union

 

Richie Alan Naggar          Ran Right Realty       Riverside, Ca

Real Estate Broker and AUTHOR of the popular "PEARLS SERIES" of books on LIFE and LOVE

Richie@RanRightRealty.com         Richie@Pearlsforthesoul.com

PEOPLE FIRST...THEN BUSINESS

 
This post has been included in California Real Estate News

2 Comments on BANKS SHORT SALES DEFY ALL KNOWN BUSINESS PRACTICES

MAR
19
2012
338,550 Points 4 Featured Posts Outside Blog Hit Router Called Shot Master

I completely agree Richie.  It is like the banks/lenders/investors have lost good ole common sense.

4:48pm • #1
861,414 Points 70 Featured Posts Outside Blog Called Shot Master

Hello little Kathy...you have a $100 credit at Richie's general store & post...Good commenting thank you K

4:57pm • #2


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