It’s always my goal to help you stay on top of the latest and greatest news. Hey… you already are ahead of the game—brave enough to stare short sales in the face and take short sale listings.
Here’s a recap of some of the interesting stuff that went on this past week in the distressed property arena:
Clock Not Ticking for Short Sale Processing Maybe there is hope now for a more speedy short sale approval letter (or a quick short sale denial letter). This article discusses the AG settlement and how is could improve short sale processing times.
Hispanics as Mega-Consumers Just another reason that you should encourage your kids to take Spanish in school. Our future buyers and our current buyers may be interested in doing business in their first language.
How to Survive a Short Sale Clue: It helps to be kind and patience (peace and love). Even though this technique is not easy for many, this article provides some good suggestions for how to survive the short sale negotiations.
Short sales making you crazy? Did anyone get a new toy this week? Maybe the new iPad HD. If so, tell us about how awesome it is in the comments down below.
There’s lots going on in the distressed property arena. And, if you are actively working with ‘distressed’ borrowers, it’s important to keep up with all of the changes in the industry. Sometimes that’s hard, which is why I’ve provided you with a weekly recap right here.