Sellers have a great deal of information to absorb when doing a short sale in Sacramento, especially if it's a Cooperative Short Sale through Bank of America. That's because the rules are always changing, new forms can suddenly be required and it's a ton of foreign data to understand. What's simple to a Sacramento short sale agent is complicated to the average seller.
Even lawyers have problems understanding what goes on because by nature lawyers are inquisitive and think logically. There is often nothing logical about a short sale. Also, just because a lawyer holds a law degree doesn't mean the lawyer knows anything about real estate. Lawyers tend to specialize in a certain fields, just as I may specialize in residential resales, whether they are a traditional sale or a short sale, I can efficiently handle a residential transaction. Don't talk to me about commercial real estate, though.
Read more in my personal blog today about What You Need to Know About the Short Sale Approval Letter.