short sale success: Some deals are like turning nightmares into dreams
- 09/24/12 09:40 AM
I've been working with a wonderful couple since early June of this year. We ended up together after they had a failed short sale contract on what they thought was the house of their dreams. The deal fell through, and their hearts sank with it. Some deals turn dreams into nightmares. Well, tomorrow they close on a phenomenally better house that they are buying for less than the previous house. It is also a short sale. I was a little surprised that they even went down that path again, but I did explain to them that not every short sale goes … (35 comments)
short sale success: Why do I do what I do? Because I'm selfish!
- 01/25/12 07:28 AM
I'm a highly motivated person. I don't need someone looking over my shoulder all the time to inspire me to get moving. If they're looking over my shoulder then they must be moving too. No, if I believe in something I am totally committed until it's done. I'm also a sucker for the underdog. When other agents ask me why I even bother with short sales, the reason below is good enough for me. Mike, Thank you very much for all of your hard work. Without your relentless pursuit of answers from the lenders' customer service representatives, there is no way this … (14 comments)
short sale success: Don't put up with garbage from banks! They need you more than you need them.
- 01/24/12 12:21 PM
After three months of fighting with a seemingly vacant negotiator, I finally drug my clients across the finish line today. I had both sides of this deal, so I guess I drug both sets of clients across the finish line. Ironically, the negotiator who was assigned to this file nearly messed it up at the last minute, but I was one step ahead of her. That's another story. If you are new to short sales or REOs, I have some advice for you: Don't take any crap off of these folks. (Is it OK to say that on a blog?). You … (19 comments)
short sale success: Sticking your finger in the eye of J. P. Morgan Chase, priceless!
- 01/21/12 02:18 AM
I met a great couple in August of 2011 that needed to have their home sold as a short sale. No problem. We do them all the time. We received approval from the bank to sell as a short sale. I assessed the property, sent an employee in to clean and shampoo the carpets, I planted a sign and installed two lock-boxes. We're on the edge of the Metro-D.C. area. Some agents coming from the east don't have Supra lock-boxes, so I install two to make sure everyone can get in. September went by with only moderate showings. Early in … (75 comments)
I've been working with a wonderful couple since early June of this year. We ended up together after they had a failed short sale contract on what they thought was the house of their dreams. The deal fell through, and their hearts sank with it. Some deals turn dreams into nightmares.
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