I have had it! I am an extremely experienced short sale agent in New Jersey! Today I settled on another short sale listing. Bank of America 60 days from contract to settlement! Seller owed $265,000. Sold today for $125,000! Three more approvals this past week!
Whether you need an experienced, full time Realtor to list your home as a short sale, leaving you free and clear; or whether you're a buyer wanting a great price on a new short sale listing, there is only one Realtor to call. I work with an expert Attorney, making the short sale process on average take between 30-90 days from contract to settlement!
I look at the new listings, and then the agent's name! UGGGGHHHH! The poor seller! Now they face their credit being affected for a longer period of time just waiting for a buyer!
Agents say everyday, how much is owed? Do you think the bank will take a low offer? Don't take short sale listings or work with short sale buyers if you don't understand, it is generally not what is owed, but what the market value is! PERIOD..........
It's sad that homeowners facing crisis don't feel the importance to research and interview a few agents.