Real estate blog entries tagged with loss mitigation by Richard Weisser, Richard Weisser Retired Real Estate Professional (Richard Weisser Realty)

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loss mitigation: Short Sale Mountains to Climb. - 10/04/12 10:07 PM

After being told yesterday that a FHA short sale that took six months to open had been unceremoniously closed after six additional weeks without a negotiator being assigned, I began to what in the world “loss mitigation” is all about.
I fully understand that these departments are understaffed and overworked. I also realize that my offers are just a drip amidst the torrent of underwater files that need to be salvaged from the oceanic depths of distress.
But regardless of the overburdening of these workers, there still needs to be channels of communication open and available. Most people are patient as … (12 comments)

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