Another case in point about why homeowners don't know that they can do a short sale!
Where do the reporters get their information and how do they check their facts or do they? Are they running against time lines so they don't have time to check?
When something is an opinion, preface it so. If something is a fact, check the facts. Perhaps more reporters should come to Active Rain for their fact checking. They may just learn a thing or two.
There was an article in the Orlando Sentinel about the Central Florida real estate market. The reporter goes into what a short sale is, how many short sales there are in Central Florida and then goes on to use fear to keep her readers engaged. I don't know any other way to put it. She quotes an attorney who is putting down Realtors®. In fact, it is interesting that she gets her real estate data from the Orlando Realtors but then quotes an attorney bashing realtors doing short sales.
This attorney says, " ...These people who use Realtors® to advise them on the transactions can end up facing deficiencies..."
Well, we are very clear to explain all the options and all the consequences a homeowner may face after a short sale. But what this reporter than does not say is that the alternative is foreclosure and no one is talking about what the homeowner will be facing after a foreclosure!
Then she portrays another real estate agent in her article- an agent who talks about how she almost loses a sale because of a second mortgage but that the buyer wanted the house bad enough they paid the second off.
Are you telling me that in the Central Florida area she could not find a realtor® smart enough to answer her questions about short sales and how the seconds get negotiated?
The article is the same article where she quotes the Chase VP from the Chase Homeownership Center in Orlando. I wrote a post about his statement, "Chase Chimes in on Morals."
So instead of helping homeowners find the information to help them to do a short sale this reporter is scaring them into NOT doing a short sale or feeling like they can not do one.
So let's keep writing about doing short sales here on Active Rain so the sellers can find out that they can do a short sale even if they are a strategic seller if they are willing to cooperate and perhaps participate. They may relate to one of our stories and call us!
To view Welington Florida short sales Click here. We know Wellington Florida Real Estate and Wellington Florida Short Sales and will help you get your home Sold if you need to Sell your home and help you buy your home in Palm Beach County Florida: Call us today.
Copyright © By Katerina Gasset 2010 *Another Case in Point about Why Homeowners Don't Know They Can Do a Short Sale!*
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