Short Sale nightmare or just another rant?

Real Estate Agent with RE/MAX Sauk Valley

I just read an entry on real talk dealing with short sales. This writer discusses his take on the games that banks are playing when it comes to short sales and that in general his feeling is that it is becoming not worth the extra trouble and to wait til the property actually goes REO. He talks of the lenders forcing commission reductions, slow response times and the like. My question to you is this. Are you seeing a decline in response either positive or negative with banks and the properties that they have going upside down?

I have done a couple and 1 was a royal pain and  the other was smooth and easy.

Brian Corwell

RE/MAX Sauk Valley

Sterling, Illinois

Comments (1)

Trapper acme
acme - Hayden, ID
I do short sales for a living. I only recently started my own company. Many more mortgage companies have jumped on the short sale ban wagon. There are a lot secrets to the short sale. After you 5th or so short sale they will be a breeze for you. I dont like to bash certain mortgage companies but ASC/Wells Fargo takes the longest (IMO). Iteach to investors and realtors all over the country and they all have made huge profits from short sales. Like anything else practise makes perfect.
Dec 13, 2007 07:15 PM