I have more deals right now than any other one time in my real estate career, YAY! However ALL of them are Short Sales. My clients are so patient waiting for any good news from me. I keep in touch with the listing agents on the properties and keep in touch with my clients. So all parties are so nice and cooperative, but I wish there was something we can do to make the banks hurry up! Everyone is ready to buy and I'm ready to get paid!
I've been doing Short Sales since 2007 so I understand what a Short Sale entails from beginning to end whether for a buyer or seller but the question always stands: "What is taking so long!?"
I recently heard of someone getting an approval after 6 days - and no it was not an approved short sale. I want my current short sales to be approved in 6 days. That would be awesome! My clients would love that and I would love closing.
I vote for faster Short Sales. Especially if the buyer is writing at full price. I think it will be good all around. It will be good for our economy and consumer confidence. What do you think? Please comment and give me your short sale experiences.
Thanks and Good Luck!