Short Sales Miracle!

Well, we finally got our short sale funded today.  One thing that we learned is that you really need to keep on calling the lender (this one was with Washington Mutual in Florida) and leave messages if they are not there.  Sometimes we called 10 times a day.  Promises were made and they never delivered.  Not only our persistence, but our clients persistence helped get this property closed.  If you ever need to know about the banks operation just google them and you might find horror stories.  However, these horror stories educated us enough that we knew what we had to do to get this escrow closed.

Lori Hagge  & Alice Ponti, Realtors, Century 21 Diablo Valley with over 18 years each of experience

GRI, CRS, ASP & SRES Designated

http://www.lorihagge.com   lori@lorihagge.com

 

 

 

 

 
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3 Comments on Short Sales Miracle!

Good going girls! I Have 3 going right now - closed a really hard one lst month - 5 months in and out of escrow!

We should all band together and get a contact list, including email - for these Banks - what do you think?

Aloha, and have a great day

 

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

http://www.konahometeam.com/

Aloha Kona Realty Inc.

78-6740 Alii Drive

 

05/05/2008 07:12 PM by Lance Owens (Aloha Kona Realty Inc.)

I agree with Lance on a contact list but you know as soon as we get one made all the lenders will change the numbers and e-mail addresses just to mess with us.

05/05/2008 07:19 PM by Steve Glose, Keller Williams Central Florida (Keller Williams)

Hi Lance:  Through my google on Washington Mutual I found out that they are closing their warehouse on June 8th.  So I realized the bank really does not care.  I also understand that the people in the loss mitigation departments only make approximately $25.00 per file, so what incentive do they have to get them closed.

Thanks for your comment and I think you are right, if there was a list of the banks we would certainly be more cautious when we take a listing and/or write up an offer on a listing.

Have a great evening!

Lori Hagge & Alice Ponti, Realtors

lori@lorihagge.com

http://www.lorihagge.com

Century 21 Diablo Valley Realty

Concord CA

 

05/05/2008 07:19 PM by Alice Ponti Lori Hagge, GRI, CRS, ASP Century 21 Diablo Valley Realty (Accredited Staging Professionals)

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Real Estate Agent: Alice Ponti Lori Hagge, GRI, CRS, ASP Century 21 Diablo Valley Realty (Accredited Staging Professionals)
Alice Ponti Lori Hagge, GRI, CRS, ASP Century 21 Diablo Valley Realty
Concord, CA
More about me…
Accredited Staging Professionals

Office Phone: (925) 682-4663 Ext.: 257
Cell Phone: (925) 998-8844
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Keeping you update on the happenings of the real estate market in California (San Francisco/East Bay Area). Tips, market information, seminar information, lenders and a referral networking group, I belong too, called Le Tip Diablo Valley Chapter.

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