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Why Agents Work on a Short Sale When Sacramento Short Sales are so Few

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

Somedays you just get lucky. You're in the right place at the right time. Like when I moved to Sacramento many years ago and went back to selling real estate. Right place, right time. Look at yesterday, I had hopped over to Macy's at the downtown Sacramento mall for a needed errand. Wow, is that place deserted. I stopped by the Eileen Fisher department, just as a stroll by, and holy cow on the sale rack was hanging a beautiful pair of black straight-leg skinny pants, bearing a tiny paisley print. It was in my size, too. Luck.

Originally $248. On sale for $67. But wait, it gets better.

In my bag I had two Macy's rewards certificates for $25 each, plus a $20-off coupon. I bought those $248 designer pants for 8 bucks. See, this was luck.

Just like some of the short sales I get approved . .. and because I keep hammering. Bank of America told me it would not lower the price for a short sale regardless of how faulty the roof. Fine, says I, we will call the insurance company and get the policy canceled for you because the roof is beyond its normal life expectancy, which we did not know until the roof inspection. Then you can pay for your very own expensive liability coverage.

It's stuff like this that made three short sale approvals roll in yesterday on 3 separate short sales, all of which were ripe with, oh, let's just call them challenges, including the Bank of America price reduction. You can read more about this and why any agent today would tackle a short sale when they're in such short demand in my personal blog today about What's In It For Agents To Do a Sacramento Short Sale?

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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.

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