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Do we have enough time?
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5 Comments on Do we have enough time? My Short Sale Saga~
I haven't heard of short sales going too far beyond the three-four month mark, so I would say there's a very good chance of getting this done prior to May 7. Kudos to your buyers for having the patience to wait this out. Good luck.
I'm wanting on a SS from Chase and it has been a nightmare. If I get this one closed***no more SS for me.
As a buyer's agent I can understand the frustration. I've listed and sold about 4 Countrywide controlled short sales last year. Here's what I tell buyer's agents that ask if it's C-wide, "Every transaction is different, regardless of which bank it is, some are lightning quick and some are slow as molasses. C-wide doesn't have a monopoly on slow, they are just inundated. Haven't you had slow and quick transactions with other lenders? So it's not the lender, it could be anything affecting the speed (grumpy negotiator, inexperienced listing agent, etc). So advise your clients well, coach them to either stay the course, keep looking for others, or both."
Good luck Mary. I hope your short sale comes together.
Its always wonderful when the clients are troopers and willing to hang in there. :) I cant give too much advice on SS's because I dont know enough but sounds like you are on the right track!