Short Sales are the bane of my existence.
And a pain in my a$$.
Started one early September morn.
Sept 2nd to be exact.
Braced my buyers up front for a loooonnnng wait.
Said they were up for the challenge.
Submitted a Short Sale package to Popular mortgage on behalf of my well-prepped buyers.
Package was complete.
Not the first time around the block for the old broad.
Submitted package directly to the Bank.
Why?
No listing agent.
Savvy seller was a FSBO.
Could not jump high enough for joy.
Feeble attempt at sarcasm above.
Received receipt confirmation from within Bank within 2 weeks.
Checked office fax machine for label a la "Slow boat to China".
Fax machine label read "Made in China".
Left repeated messages w/Bank requesting update.
Bank responded w/message that they were "reviewing file" and they'd make a decision "w/in the week".
Notified Bank of awareness that sale date was set and looming.
Received v-message from Bank that sale date would be postponed so we could hash out a deal.
Left v-message that postponement was appreciated.
Received request from Bank that HUD1 be sent.
Left v-message that HUD1 was included in original package, but hey, sent copy w/in 2 hours of request.
Left v-message requesting confirmation receipt of HUD1.
Confirmation never acknowledged.
Left repeated messages w/Bank requesting update.
How does this tale of woe end?
Foreclosure sale took place October 9th.
Bank got 'er back.
Could not jump high enough for joy.
Yet another feeble attempt at sarcasm.
And another sad tale of a short sale.
Or lack thereof.
Moral of the story:
Left hand (foreclosure) has no friggin' clue what right hand (loss mitigation) is doing.
Stick a fork in me.
I'm done.
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Lanette Branch, RE/MAX 1st Advantage
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All the best,
Lanette in Bel Air
;)
;)
;)
Such a crappy situation. So poetically done. i am in one right now. Would not be able to write about it so beautifully, like you. Will simply be mad