What takes so long with short sales?

By
Real Estate Broker/Owner 01293735 CA

After 8 years of short sales, they still take 6 to 8 months to process in many cases. Why do they take so long to process? It seems many times that the bank employess haveĀ  no interest in closing the files as when all the files are closed they will not have a job. Through the years, it seems short sales are going slower rather than faster. There is more and more paperwork and regulations and documentation. It seems one little item like a missed punctuation sends the file back for review for another 1-2 weeks. This is so frustrating and so silly.

Posted by

 LORI BOWERS

http://www.loribowers.com

The Lori Bowers Group

A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs

La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.

78120 Calle Estado Suite 103

Old Town La Quinta

La Quinta, CA 92253

Phone: (760)8311595• Fax: (760)771-5327

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