I have realized after doing many a short-sale that alot of agents don't like doing them because of the time and effort they take. I have come to learn from 2 of my short-sales, that persisitance is all that is needed. I have had 2 short-sales that have lasted more than 120 days. One of them still hasn't settled, but is going to. I learned that sometimes as buyer's agents we have to call the 3rd party lender ourselves to get action. You might ask how is this possible if we don't have permission from the seller to talk to them? You can get permission. This doesn't always help. So another idea I have come up with is to get all the information I can from the listing agent, call the 3rd party lender, then tell them the reason for my call. BE PERSISTANT!!! Eventually, you will find someone, who will put you in touch with someone who can get results. Alot of times, all I did was ask to speak to the President's office and I got transferred. These companies are so overwhelemed that they have people designated to help us. They don't want these properties to goto Foreclosure because of the money it costs them. From these experiences I have accumulated some names and numbers for people in President's offices that can help in getting your short-sale expedited. Please contact me if you would like this information. Also, this is my first blog, so I hope it is helpful. thanks.
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