short sale service: 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)