short sale process: Short Sale Process
- 11/21/09 07:30 AM
Banks need to streamline the process for short sales and REO's. It would be in the bank's, seller's and new buyer's best interest to have an appraisal done early in the process, give the listing Realtor the acceptable parameters and execute the one agreement that meets the criteria. As a CDPE (Certified Distressed Property Expert) I have had the pleasure of working with a loss mitigation counselor who did just that and we went to settlement very quickly. Happy bank, happy seller, happy buyer! (2 comments)