As many of you know, my book about short sales will be available in bookstores shortly. It is called The Short Sale Savior and will be published by Archer Ellison. As with any venture, writing a book is often a collaborative effort. It doesn't write itself.
I would like to thank the following contributors who shared their short sale stories with me for my book. Without their valuable input, I'm afraid the book may have been lopsided and not nearly as entertaining. These Active Rain bloggers are my Short Sale All Stars! Here they are, in alphabetical order:
Erin Attardi, a senior executive associate at Lyon Real Estate's Sierra Oaks office in Sacramento.
Erin discovered that banks don't always accept the highest short sale offer. She also found out what horrors can lie in store when a pest report notes that part of the home is "inaccessible."
Photo: Erin Attardi
Chris Ann Cleland, a Realtor at Long & Foster in Braemar, Virginia.
Chris Ann worked on one short sale for more than a year, asking herself along the way at various developments, "Is this like the movie Groundhog Day? Am I being punked?"
Photo: Chris Ann Cleland
Pacita Dimacali, an agent with Gallagher & Lindsey Realtors in Alameda, CA.
Pacita had to sell one of her short sales twice. Plus, she learned that some banks will run you around in circles without disclosing that they no longer own the loan.
Photo: Pacita Dimacali
Florida Realtor Katerina Gasset, at International Properties and Investments in Wellington.
Katerina swears persistence pays off and even when it looks the bleakest, miracles in short sales can and do happen. She knows the pain inflicted by out-of-area appraisers who don't know the marketplace.
Photo: Nestor and Katerina Gasset
Evelyn Johnston, a real estate agent with Prudential One Realty in Elkhart, Indiana.
Evelyne shares a heartwarming story about how she sold her first short sale as a new agent. After tallying the conversations she had with employees at the mortgage company, she talked to no less than 57 people to get her short sale approved.
Photo: Evelyn Johnston
Wendy Rulnick, a real estate broker at Rulnick Realty in Destin, Florida.
Wendy says that upper-end homes are just as vulnerable to a short sale. She successfully closed a short sale on a waterfront home on the Santa Rosa Sound that had been all but demolished at one point by Hurricane Ivan.
Photo: Wendy Rulnick
Frank Wible, a foreclosure specialist at RE/MAX All Pros in Turnersville, New Jersey.
Frank talks about a deal he double-ended and closed as a short sale. After closing, the buyer discovered a note on his door that said his newly purchased home had been sold at a Sheriff's sale.
Photo: Frank Wible
Roland Woodworth, a Realtor at Exit Realty, Clarksville, Tennessee.
Roland survived a five-month struggle, which resulted in a surprise short sale. On top of the file turning into a short sale, the title company initially missed a lien, and Roland had to learn how to deal with two loans on a short sale.
Photo: Roland Woodworth
Thank you, all, for sharing your insightful stories with me and, in turn, with everyone else who will read The Short Sale Savior. I appreciate your generosity, wit and writing style. Knowing people like you is what makes belonging to Active Rain such a delight. Soon as the book comes out, I will mail each of you a free copy. Thank you, Active Rain Community.
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