Short Sales... most professionals have mixed feelings at best.
In a period of 109 days we listed, got an approval on the short sale, and closed the deal. I have to say that some of the stories and info on ActiveRain regarding short sales has become the norm... long delays, no communication, frustration. Which at many times is the norm with any distressed sale. This recent transaction with Huntington went wonderfully though!
The seller came to us from a lead on ActiveRain. They had everything in order regarding their info, proper forms, and a contact at the bank. They were truly a joy to work with. The other agent in the transaction prepped the buyer well and the new home owner was very patient and easy to work with.
It looks as though we may have other short sale opportunites with Huntington in the near future and I look forward to more smoothe transactions.
Are there any other banks you've dealt with that have been swift, pleasant, and get the deal closed?
Steven Terry- Mark Hagan & Associates