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Banks? Smart? Oxymoron! "Buy a Short Sale it'll close faster than this foreclosure!"

By
Real Estate Sales Representative with Keller Williams Cornerstone Realty

I feel the need to share an experience that I have been "enjoying" for the past 7 weeks.

People are sometimes afraid - but often aware-  of the time it may take to close on a short sale property.

What do you tell the buyer who is purchasing a bank owned home and it seems to be taking longer to close than some short sales?

Do you blame it on too many employee breaks at the somewhat involved title processing company?

 Or do you cast stones at the listing agent who just doesn't seem to have any answers?

 How about the occassional person who calls with an update only to tell you that the reasons for the hold up are the same as before and noone knows why???

 Oh, that's right....the company handling approval of estoppel fees is on vacation until further notice.....

 So, after many weeks of the blame game..

We are still experiencing this......

So that maybe in.....

My buyer can enjoy this!

Stay tuned.........

 

 

 

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Bob Miller (Keller Williams Cornerstone Realty): Real Estate Sales Person in Ocala, FL

Bob the Realtor

Keller Williams Cornerstone Realty

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Comments (2)

Cathy Criado
Criado Realty - San Antonio, TX
Making Real Estate Profitable

At least you have a sense of humor about it. I'm about to go into a SS deal and that should tie me up for a few months.

May 01, 2012 12:10 PM
Bob Miller
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

Hi Cathy, thanks and that is our assistant Karen's sense of humor.  Sometimes you need it to get through these deals.

May 01, 2012 07:36 PM