Okay, today I'm so frustrated with the Banks in dealing with short sales. I know I am not alone in this frustration but instead of lamenting on the terrible outcome, I want to get some feedback on any shortsale transactions here in southern california especially that it seemed that the bank was in denial of the value of the now current home. Or that after repeatedly sending all the documentation they indicate "we have never received it".
I know this may just seem the rantings of a wild woman, but i want to take this to my congresswoman and being armed with the voices of many, not just me, maybe, just maybe someone will hear!!
Not guaranteeing but I understand that the banks just don't care, I do. How many time have we met with the distraught sellers, those that are losing everything. We as resltors try our best to do good for them and maybe take away some of the stress they feel only to take on the banks that are seeming to do everything they can to add stress and confusion to the matter. With all the numbers being published in the newspaper, I want to scream,"These are human beings, who aren't having the federal government step in and bail them out!" While some of the population seems to feel that the people involved got themselves into this mess, I hardly see that. I see people who gave their heart and sole into a home, put large downpayments(life savings) who wanted to stay but the banks have made it difficult with all the red tape.
So please send me your own transaction situations(don't use the actual names of your clients for confidentiality purposes-keep them handy should it be asked)
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