As a Certified Short Sale Negotiator with several designations and a member of many national short sale specialist communities, I am very aware of changes in bank policy, investor guidelines, government programs, and state laws.
Through my own reading and studying and my own short sale experience of handing at least ten to twenty five Sacramento Area short sale negotiations at a time along with my collaboration with other short sale experts, it is becoming more and more apparent that the short sale is finally picking up steam and becomming the solution of choice to the entities involved with the mitigation of distressed loans.
Trouble is, some banks, servicers and investors are way behind in their implementation of systems and procedures to effectively handle short sales.
You see, with most banks, there is a huge disconnect between the communication coming from the leadership of these entities, and the a reality of what is actually happening in the trenches... That is, a big difference between what they are saying and what they are doing...
Some Sacramento short sales are actually beginning to close more often and are much more predictable now than they were even a few months ago- Find out which banks/servicers have their act together!
How is your bank doing? Find out here: Certified Sacramento Short Sale Specialist Forth Hoyt Provides the Sacramento Foreclosure-Short Sale Report, Prepared For And by Real Estate Professionals-
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