This last Friday we closed on our short sale listing. It was not easy, but with persistence we managed to get it through.We learned from the bank that they had ordered a BPO and expected the offer they accepted to be within 10% of that number. We also had a very cooperative sseller that provided everything that the bank requested. Even multiple times when the bank did not seem to have the first several copies. We learned to call every day and get updates. We didn't know that we were making progress at the time since the bank often had different answers to the same question. In the end it appeared that every cal we made took us one step closer. Now we have a happy Seller and a happy Buyer!
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Taylor Properties - Bel Air, MD
Bel Air, MD Real Estate Agent
Good for you! Glad to hear good news about a short sale. Check out my recent post re: shorts sales when you get a chance. I'd love feedback from you.
Oct 17, 2008 06:04 PM
Julie Chapman Broker - Ormond Beach, FL
Daytona Beach Shores, Florida
Congratulations on the closing of your short sale. The loss of control over the transaction makes me feel like the quality of my work is less than what it could be - but it is out of my hands.
Oct 17, 2008 11:19 PM
Noble Merit, REALTORS® - Winston-Salem, NC
Broker/Owner
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over 17 years ago
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