Holly Cow, how much time can one man spend sitting on hold with the lender.  I think I have broken a few records this past week.  I have a couple of listings that are short sale and they are currently under contract.  I spend a lot of time calling them just to get no answer and get transfered multiple times.

I sat on the phone for a total of 1hour 22 min to find out from the bank that the short sale paperwork had not been processed.  I was then told that they do not even consider a short sale until the loan is two payments behind.

It is amazing how overwhelmed the loss mitigation department are with the current market conditions across the country.