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Closing a West Sacramento Short Sale With Nationstar and 2nd Loan

By
Real Estate Agent with Elizabeth Anne Weintraub, Broker DRE #00697006

Rumors disturb me. That's because rumors are the lazy agent's way to receive information. Somebody, somewhere tells them not to do something, and they write it in blood on their forehead without a second thought. Take buying a short sale, for example, when Nationstar has the first loan and there is a second loan. I've heard agents say they wouldn't touch it with a 10-foot pole but they don't know why, and what they've done is prevented their buyer from buying a home. They're like their own worst enemies sometimes. They don't mean to be, so it's not on purpose, but all the same, that's exactly what happens.

Read more in my professional blog today about a real life transaction: Closed a West Sacramento Short Sale With Two Loans.

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Comments(3)

Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Elizabeth- Congrats on your closing and going over the million dollar mark on ActiveRain  points, too!

Jun 23, 2013 04:35 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

People who don't kno are always the ones who DO.....and caution everyone as to the dangers of the situation.

Jun 23, 2013 07:25 PM
James Dray
Fathom Realty - Bentonville, AR

If a lie to told often enough it becomes the truth.  New and sometimes seasoned agents still fall for the rumors that abound.  Listen then verify :)

Jun 23, 2013 08:03 PM