Even though I tried to stay away from short sales, I'm finding that I'm showing them much more often now. They are the most abundant listings on the market now and as a result are setting the prices that homes are selling for. I think that the government is pushing banks into streamlining the process so that so there is a shorter waiting period and there are not so many foreclosures. All this makes sense because the banks save on foreclosure costs and generally end up with a higher price with a short sale and get there money sooner. And the seller takes less of a hit on his credit. It helps the buyer, seller, bank,and the economy. So, why not go for it?
President-Tutas Towne Realty, Inc. - Kissimmee, FL
Paul...
We are located at ground zero of this mess in Florida. If we didn't throw ourselves at short sales I'd be throwing myself at Mickey D's and asking them for a job :)
TLW...ROAR!
Aug 04, 2009 08:08 AM
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