short sale loss mitigation: When Short Sale Assumptions Become Truisms - The Case of The LALAs
- 10/14/09 02:47 AM
LALAs. Largely Acceptable Legacies of Assumptions. A term from my “corporate days” pertaining to incorrect methods, statements or policies perceived by some to be relevant or “the way things are or are supposed to be” and becoming acceptable “truisms” by others. I just got a very frantic call from one of the Realtors for whom we negotiate their short sales. We are currently working on three (3) of his short sales from Bank of America. He was beside himself because of the “new policy” from B of A requiring the seller to pay or come to the table with 10% of the … (1 comments)
LALAs. Largely Acceptable Legacies of Assumptions. 
;)
;)
