Just starting up with Active Rain and so far, it has proved to be very informative. I would love to start a blog about Short Sales and Foreclosures in the Florida market and any info that may be helpful to my fellow agents, buyers, sellers and investors. I know this is a HOT TOPIC all over the Country!!!! I can tell you all that knowledge comes from experience and we ALL are experiencing our fair share. I have been in this business for over 18 years and I have never seen this type of market before. Not a day has gone by in this business when I haven't learned something new!!! Share with me your experiences with Short Sales and Foreclosures. I want to hear from you!!!!
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South Metro Property Management, LLC - McDonough, GA
Henry County Real Estate
I avoid the short sales. I've done two--one with the buyer and one with the seller. They are an emotional roller coaster.
If I had to do one again, I would want the buyer to be an investor and the seller already moved.
Watch out for those that have 2nd lien holders. Sometimes they wont' cooperate and the whole deal and a lot of work goes kaput because they won't approve the short sale.
Apr 25, 2008 01:17 AM
Weichert Realtors Hallmark Properties - Lake Mary, FL
26 years of experience working for you!
Thank you Karen. I know these short sales can be tough. I am determined to get the ones I have done though. If they don't go thru, at least I know that I tried. It feels like we work 20% harder for 15% less. I feel your pain. If you get a chance, read some of these posts. Some agents are successful with short sales. Knowledge gives us power to become more successful in all that we do in the business!
Apr 25, 2008 01:29 AM
Solaris Realty - Tampa, FL
Patricia- Welcome to Active Rain. I am finding many of buyers are beginning to avoid short sales as they don't have the time to needed to complete them.
Apr 25, 2008 01:53 AM
Rainer
16,231
16,231
Patricia M. Ritson "Patty"
26 years of experience working for you!
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