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Why Make Short Sales Even More Difficult????
It started simply enough, I needed to find some houses for a new buyer that can close quickly located in a couple of towns near my office.  Luckily the buyer's wants are very specific so the search was narrowed to a few.  Because I wanted to eliminate short sales, unless the sale had fallen apart due to a buyer walking away, I thought it would be easy.
Calling the 2 listings that claimed that they needed a new buyer because their short sale was approved, but the original deal fell apart, I found out that things are not what they look like. 
The first agent informed me that yes, they were looking for another offer.  As we spoke I found out that the agent actually had submitted multiple offers to the bank and that the bank was going to decide which was the best offer???   OK, now having worked short sales for a bit I know how hard it is for a bank to make a decision on 1 signed offer...months.  Now why would anyone send in multiple offers so that they can take even more time????  Do you wonder why the buyers don't stay? 
Now in my neck of the ... more

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