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Note to short sale lenders: 1,000’s of Realtors are trying to help you. Please let us help.
 
Another reason why short sales take so long. . 
The "servicers" don't want to lose their monthly fees from the owners of the loan and it behooves them to string along short sales for as long as they can.
The investor have no idea that their investment have been dragged by these servicers for months and in some case for over a year.. .
meanwhile they have experienced the losses on the following
 
Paying more for property taxes Property loss of value Damage and theft  
 
The actual short sale drama below is just one of tens of thousands playing out right now. We can help lenders mitigate their losses. Lenders: Please help us help you.
Case in point:
Bank of America has stopped considering back taxes as an allowable closing cost.
We’ve been working on a fixer upper short sale for more than a year.
Must have had 40+ agents walk through. Had about 10 different buyers submit offers ranging in the $80,000 to $115,000 range. Had it under contract 4 different times. BOA counter-offered the first 3 buyers into oblivion. Current buyer hanging on by a thread. Met 6 BPO agents or full blown appraisers at the house. Not a typo! SIX different appraisers were sent. One BPO ... more

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