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Best Short Sale Advice - Relax & Enjoy a Margarita!

Reblogger Morris Massre
Services for Real Estate Pros 0659282

You know, I don't think I could have put this short sale advice together any more succinct or lighthearted.  It is possible to make something so complicated a bit simpler when you really break it all down.

Original content by Anna "Banana" Kruchten AZ Broker BR030809000

 Best Short Sale Advice - Relax & Enjoy a Margarita!

 

An adorable client of mine texted me yesterday wanting to know if the bank had replied with an answer to our submitted offer. Well that was a bit funny to me at the time as it had been only a week since it was submitted.  I reminded her that short sales really should be named long sales.  She knows this stuff but she's just one of those 'impatient' in a nice way gals.  She's full of spit and vinegar and a laugh a minute. She is fun to work with - and then some!Anna Banana's short sale advice to home sellers

 

So folks if you're thinking about short selling your Phoenix area home and you want an answer shortly - just give that idea up right now. It's just not going to happen.  OK?  Good!  Now that we've got that part out of the way I suggest that you might as well have some fun along the long journey. Why not?  Right up front I'm going to ask you to submit a long list of documents that just about every bank will want - and some will want in various ways and forms - and that's just what is with short sales. Don't get all nuts because they want this, then they want that, cause it's probably going to happen.

 

Relax & Enjoy a Margarita 
 While You're Collecting the Documents!

 

Along the short sale long journey (after the offer is submitted) the bank is going to want an initial here, a signature there, a dot there, no dot over there, a couple of names added here, a couple of names changed and/or deleted here, your last two bank statements  3 or 4 times over and over, your first born child, another similar form signed by multiple parties on the same form and perhaps notarized....well I think you get the idea. Again my advice is to...

 

 

Relax & Enjoy a Margarita while adding and deleting all the stupid stuff!

 

Folks I get that short selling your home could be challenging - I really do.  But I really don't think it needs to be as miserable of a process that so many people (and agents) make it out to be.  Big Deal - so we're dealing with a bunch of goofy banks that have no idea what their right hand is doing and how it relates to the left hand.  Short sales are just a different kind of journey and how it goes depends on how you approach it and your attitude. Really it's that simple. And of course you know the rules by now....right?

 

 Best Short Sale Advice - Relax & Enjoy a Margarita!

 

 

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Thanks for reading my blog!

  

Anna 'Banana' Kruchten
Owner/Broker, CRB, CRS, GRI, e-PRO
Phoenix Property Shoppe
602-380-4886
 

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Morris Massre
https://about.me/mmassre
 

 

Comments(2)

Susanna Haynie
CO-RE Group, LLC -Real estate sales and services - Colorado Springs, CO
Colorado Springs Realtor GRI CNE MCNE ePro MRP

I am in the last moments of my shortsale. It's only been aggravating because we have a 'verbal' yes the bank will accept the offer but will NOT move forward with an approval. ah, not worth getting upset over it. I think I'll have a margarita...LOL

 

Apr 17, 2013 04:39 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Hi Morris, and thanks for Anna's re-blog emphasizing the DURATION you have to endure with short sales. That bottoms up Margarita advice I think might well make them all easier.

Apr 24, 2013 09:07 AM