Weekly Short Sale News and a New iPad?

Real Estate Broker/Owner with Broadpoint Properties Cal BRE #01324959

short sale newsIt’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.


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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Our whole family is learning Spanish at the present time since my son is learning in school.

Mar 25, 2012 12:02 AM #1
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

Harry: Probably a good idea. Several months ago, Univision had this video on youtube that demonstrated how large this Hispanic population will become. It was pretty incredible to watch.

Mar 25, 2012 08:35 AM #2
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!


Glad I stopped by and read these great updates in the destressed market

Mar 25, 2012 09:37 AM #3
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

I find the best way to survive a short sale is to keep a sense of humor. I had a negotiator in stitches the other day when she told me her negotiator was out to lunch -- and I couldn't help but point out how accurate she was.

Mar 27, 2012 06:22 AM #4
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Melissa Zavala

Broker, Escondido Real Estate, San Diego County
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