preforeclosure: Short Sales: Reasons Why They Take So Long
- 12/01/08 10:02 AM
When talking to individuals who are just getting started in short sales, I often hear the following question, "Why does it take so long to hear back from lenders about my offers?" To help answer this common question, I pulled together a short list of possible reasons causing the long holdups. Naturally, this is not a conclusive list, so I would appreciate your comments and feedback on what you think are other possible reasons causing these long short sale delays. POSSIBLE REASONS FOR DELAYS: 1. Because of the epidemic number of U.S. foreclosures, there are just too many cases for loss mitigators … (12 comments)
preforeclosure: Learn What Can Kill Your Short Sale Offer
- 10/26/08 09:00 AM
I'm a Short Sales Specialist and I've done hundreds of short sales for real estate investors. When I first started doing short sales, I didn't have the luxury of attending a beginner's short sales workshop to help me get up to speed right away on the subject. So, naturally, the next thing I did was head for the Internet to see what I could find on the subject. I came across a lot of stuff. Some of the information was useful and some wasn't so useful. Most of what I learned about short sales came from on the job experiences. I spent a lot of my … (11 comments)
When talking to individuals who are just getting started in short sales, I often hear the following question, "Why does it take so long to hear back from lenders about my offers?" To help answer this common question, I pulled together a short list of possible reasons causing the long holdups. ;)
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