tag:blogger.com,1999:blog-2246853819046435312.comments2023-03-14T07:31:54.279-07:00Short Sale Real Estate BluesPeter Cohnhttp://www.blogger.com/profile/03020820222830961959noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-2246853819046435312.post-59488472483375886982013-01-19T10:47:10.636-08:002013-01-19T10:47:10.636-08:00Our short sale agent handles negotiations with the...Our <b><a href="http://www.americandestinyrealty.com/" rel="nofollow">short sale agent</a></b> handles negotiations with the bank. If the <b><a href="http://www.americandestinyrealty.com/" rel="nofollow">short sale agent</a></b> has no experience dealing with loss mitigation and negotiators, the seller is the person who may suffer. so being with US.........<b><a href="http://www.americandestinyrealty.com/" rel="nofollow">short sale agent</a></b> of <b><a href="http://www.americandestinyrealty.com/" rel="nofollow">americandestinyrealty.com</a></b>.Anonymoushttps://www.blogger.com/profile/17997332163546530864noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-20371223841601230642013-01-11T06:20:04.404-08:002013-01-11T06:20:04.404-08:00Very well written. Did you receive a response and ...Very well written. Did you receive a response and were you able to help the client?Richard Stewarthttps://www.blogger.com/profile/00783919493747681031noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-78055850730696898082012-07-16T06:21:30.354-07:002012-07-16T06:21:30.354-07:00Excellent read, I just passed this onto a colleagu...Excellent read, I just passed this onto a colleague who was doing a little research on this topic like <a href="http://www.ayalalandpremier.com/" title="philippines properties for sale<br />" rel="nofollow">philippines properties for sale<br /></a> looking for.Aljurhttps://www.blogger.com/profile/04082015074108512673noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-27023645922501156422012-06-05T07:25:43.060-07:002012-06-05T07:25:43.060-07:00It is my honor and privileged to found and read yo...It is my honor and privileged to found and read your post. It made me learn a lot of different ideas. Keep up the good work. <br /><br /><a href="http://www.avidaland.com/Philippine-properties.php" title="lot for sale in Philippines<br />" rel="nofollow">lot for sale in Philippines<br /></a>Victorriahttps://www.blogger.com/profile/16530551121769667398noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-55369446122653242092012-05-01T00:27:43.383-07:002012-05-01T00:27:43.383-07:00Great article on the Foreclosure Crisis and Short ...Great article on the Foreclosure Crisis and Short Sales, I really enjoy reading your posts.I invite anyone reading this comment: <a href="http://honish.com/" rel="nofollow"><b>Sale Short</b></a>Jagjit2https://www.blogger.com/profile/13726087648645416557noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-56116687609075195082010-12-23T23:31:35.056-08:002010-12-23T23:31:35.056-08:00Choosing the correct short sale company is very cr...Choosing the correct <a href="http://www.shortsalesafe.com/" rel="nofollow">short sale</a> company is very crucial in these days as there are so many scams discovered every day.Short Salehttps://www.blogger.com/profile/17650732130086091210noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-28468582925798391242010-12-16T06:00:03.540-08:002010-12-16T06:00:03.540-08:00Thank you for sharing. we are currently in foreclo...Thank you for sharing. we are currently in foreclosure status due to incompetent people and change in stories, loss of paperwork on multiple occasions or filing the wrong paperwork. I have much issue with BoA and now that they have screwed us over our credit is ruined and are unable to find another lender.Unknownhttps://www.blogger.com/profile/02259732415787602720noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-33012303306224011482010-12-14T07:57:40.080-08:002010-12-14T07:57:40.080-08:00Thank you for the address to Mr. Moynihan, I am pe...Thank you for the address to Mr. Moynihan, I am personally dealing with an instance that I would love to share with him as well, I am wondering if you by any chance would be willing to share his email address?momof3https://www.blogger.com/profile/15091723700574803829noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-19736558304865406072010-10-19T13:04:01.326-07:002010-10-19T13:04:01.326-07:00nice post i enjoyed the read. i will be subscribin...nice post i enjoyed the read. i will be subscribing to you rss in the mean time check out <a href="http://www.pinehurstluxuryhomesnc.com" rel="nofollow">pinehurst real estate </a>Markhttps://www.blogger.com/profile/06494789786886171288noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-79144214176299905292010-06-03T15:14:18.044-07:002010-06-03T15:14:18.044-07:00I represent several sellers as well as buyers in t...I represent several sellers as well as buyers in todays Real Estate Market. The time and energy to do the right thing for any of our clients involves working with pencil pushers who have no clue even about the documents they have in front of them. <br /> The fact that most homeowners are so lost as to what to do about their finances as well as their home results in Attorneys making all of the money. The bank reps viewing files which are just about like reading greek, delay the process and complicate the entire short sale process to the point that sellers are getting savy. The new system is lets pay $1000 to an attorney who will keep the home in so much red tape, the actual losses to the bank rise an additional 40% over the next 12 months. This is in addition to the "to date" losses when the seller first contacts the bank. The stupidity and ignorance of those in command (who are making good money) will cost any bank a sizeable amount in over all losses per quarter.Candicehttps://www.blogger.com/profile/01830364961621164386noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-35862599121337155982010-03-22T11:28:25.410-07:002010-03-22T11:28:25.410-07:00Nice blog, but give us REALTORs a bit more credit....Nice blog, but give us REALTORs a bit more credit. <br /><br />It looks as though the process took about 9 months, I have 14 months into one where I am representing the buyer and we have continued to look at homes, exchange emails, etc. The process hasn't stopped.<br /><br />As a employee, you realtor, has invested a considerable amount of time in your short sale only to receive a pay cut in the end. If you take all the time invested in the process, including looking at other properties and keeping the doors open for the length of time your transacion took, the 'pay day' may not actually measure up to $10/hour. Our commissions are not for the last 24 hours of the transaction. Additionally depending on your agent's split and fees to their broker they may see as little as 40% of the commission. Top agents see about 80% when all is said and done.<br /><br />I now require my clients to make up any reduction in commission on a short sale or I don't work them. My attitude on this is that I would not have taken a postion in the hospitality industry, my background, without knowing what the salary is, so why should real estate be any different?<br /><br />On a $400,000 transaction that 1.5 reduction is roughly 25%. Imagine if your boss walked in to your office and said you were going to receive a 25% reduction in salary and it was going to retro back 9 months. Would it be acceptable to you? Then if it effected your performance, it was because of a lack of commitment to the company on your part, not that you were getting screwed and had no option.<br /><br />Brian LongAnonymoushttps://www.blogger.com/profile/11488750004161269663noreply@blogger.comtag:blogger.com,1999:blog-2246853819046435312.post-53588603156665977962010-03-08T18:28:03.347-08:002010-03-08T18:28:03.347-08:00My daugther and son in-law are going through the s...My daugther and son in-law are going through the same thing with Bank of America. They are trying to purchase a short sale home in Orlando, Fl. It has been 7 or 8 months. They have had to renegotiate their contract about 5 times. They were to close finally on the 19th of this month. It took so long that the house had to be reappraised at a cost of $800 to my daughter but now the house is worth 10,000 less so now the bank wants to start all over again. This is just outrageous. My husband and I are going to close our accounts with Bank of American as well as my daughter, an Aunt and two of our friends. We are going to let our congressmen and senators know what is going on. My kids have great credit, savings , investments and my son inlaw has a good job. They are putting down a good chunk for the deposit and they still can't get into a house with the Bank of Amer. They are so disappointed. They will also loose the Federal Tax Credit. There are so many other couples going through the same problems. The bank would rather see the houses empty, vandalized and bring down the value of the rest of the neighborhood. I don't thing that this is a good way to run a bank. If they don't want to give morgages then don't waste peoples time and rob them of their dreams. This is also effecting the income of the realtors.Unknownhttps://www.blogger.com/profile/08766501335889839040noreply@blogger.com