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Bank Owned Properties & Short Sales

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Real Estate Agent with RE/MAX Realty Affiliates

The world of consistant inconsistancy.  That is my experience with listing & selling bank owned properties and dealing with short sales.  Realtors need to fully inform their clients up front of the delays, non returned phone calls and utter frustration that comes as part of the territory in these transactions.  Banks claim they don't want to own these properties, however, they certainly dont make it easy to liquidate them.  Realtors, don't fall for their tactic of the last minute squeeze and delay play to cause you to compromise your hard earned fee. We are letting the banks control our industry, which is exactly what the banks intend to do.  As an industry, we need to stand up to the banks and keep them out of real estate.  Thank you all for allowing me to vent.  I just closed 2 of the most frustrating deals in recent times, both bank owned properties.

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