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Short Sales VS Foreclosures - A Hint for The Lending Industry

By
Real Estate Agent with Realty Executives, Tucson Elite

Short sales! Short Sales! Come Get Your Short Sales!  Get 'em while they're hot!

Sound familiar?  I must get 20 emails a day trying to solicit my attendance to some class or seminar to teach me how to properly complete a short sale transaction.  *Ho, Hum*, I'm nearly bored already. 

Actually, truth be told, it's really not rocket science...unless of course you are "That Guy" that is operating in the Loss Mitigation Department of "The Bank". Here comes the hurdles...

So, "That Guy", you know the guy; the one that has been playing paper football in the last office of the hallway, next to the Men's room for the past 10 years. The one that stands next to the water cooler telling off-color jokes to every truly busy working woman that has the lapse in judgment to use the water cooler, next to his office. 

Anyway...suddenly, "That Guy" has been awaken from his comfortable slumber to find, shockingly (apparently he must not have access to a TV or Newspaper in the last 2 years), that he has a stack of files on his desk; files of properties reeking of impending foreclosure.

What does "That Guy" do?  How does "That Guy" react?

Tune in tommorrow, when "That Guy" asks (outloud, of course), "Is my job title Loss Mitigation or Loss Elimination?"

D. B. Grammar

Life's a Grin

Show All Comments Sort:
Brian Sharkey
SharkeyRE LLC - Singer Island, FL
SharkeyRE
I'm waiting!  I call that guy his in Ohio, then I call Texas he's there! 
Feb 28, 2008 04:05 PM
Susan Davis
Austin, TX
Excellence Advocate

Hi Dan! Thanks so much for your comment on my blog! I needed to hear that! I will definately keep you posted. Thanks for the encouraging words.

To your success!

Susan

Feb 28, 2008 04:14 PM