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Why do I do these crazy SHORT SALES?????

By
Real Estate Agent with Coldwell Banker Realty/Coldwell Banker Commercial NRT 30SA0872839 

 

Why do I do these crazy SHORT SALES?????

I seem to do a few short sales, and tend
to enjoy the negotiations with the bank.
I have my Attorney negotiate any leans.
But one of the ones I am doing now, is with Chase.
We put in an offer 12 weeks ago.
The negotiator we had on the offer told
me to get the total to the bank up to a
certain amount and we would be good.


Well less than two days later we submitted
a new HUD1 with what they told me I
needed to be at, thought we had a deal!
 
Why do I do these crazy SHORT SALES?????
A day went by and got a message through
Equator.com and was told if I
have another offer to send it in through Equator.com.

The bank decided this updated HUD1
was a whole new offer, so we had
to resubmit the whole thing again.

No problem, I got this done the next day.
Then I find out the offer went to a
processor to be processed before
it can go to a new negotiator.

Well we finally got it to a negotiator
and this person calls and her
Ideas are completely different
from the first negotiator.

Now we have to go back to the
drawing board and renegotiate the
liens and fees due on a closing for a
condo in New York that the bank now won’t pay.

Will do a follow up when we get this one DONE!!!!

 

Why do I do these crazy SHORT SALES?????

 

Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

I do them too, but they are in my uh... maybe pile of closings.. maybe they happen maybe they don't!

Apr 17, 2013 11:06 AM
Thomas Santore Lic Associate Real Estate Broker
Coldwell Banker Realty/Coldwell Banker Commercial NRT - Yorktown Heights, NY
Realtor®-ABR-Land, Residential & Commercial Sa

Mark-I seem to get most of them to close, but it can be trying!!

 

Apr 17, 2013 11:10 AM
MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Best wishes for a quick closing on it.

Apr 17, 2013 11:12 AM
Thomas Santore Lic Associate Real Estate Broker
Coldwell Banker Realty/Coldwell Banker Commercial NRT - Yorktown Heights, NY
Realtor®-ABR-Land, Residential & Commercial Sa

Michelle-Thank You.

 

Apr 17, 2013 11:15 AM
Hella Mitschke Rothwell
(831) 626-4000 - Honolulu, HI
Hawaii & California Real Estate Broker

Thomas: I had a great short sale experience with Chase recently. You never know. I actually like them, it's like a game of who has more patience. That's where I learned how to multi-task.

Apr 17, 2013 11:16 AM
Thomas Santore Lic Associate Real Estate Broker
Coldwell Banker Realty/Coldwell Banker Commercial NRT - Yorktown Heights, NY
Realtor®-ABR-Land, Residential & Commercial Sa

Hella-Done them before with Chase, but never had to resubmit whole offer. I know we will get it done. Thank you for the support!!

 

Apr 17, 2013 11:23 AM