Now, five and ½ months is not historically long in short sale time lines, but it’s long enough for me considering I submitted the same file four times, three with the same buyer and ended up with the same negotiator ALL but this last time. This is the end of one of the most frustrating deals I’ve ever encountered, mainly because the STUPIDITY of the team at Chase astounded me. Now in case you’re not up to speed on this sale, check here for my BPO quandary. Yes, even getting a BPO ordered a second time around with the EXACT VALUE of our offer, miraculously, our file ended up closing as the NET to the investor wasn’t yielding them enough.
You control the list price, not the bank! We’ve had a lot of new homeowners call us lately for assistance with short sales. We assign these listings to the more experienced agents we’ve worked with. We’ve worked with agents from Keller Williams, Remax, Century 21, Weichart, and many others. On occasion, we have to work […]
It’s a Short Sale People. STOP TREATING IT LIKE AN REO!!! New Hampshire Massachusetts Short Sale. A short sale typically happens when a homeowner who’s behind on the mortgage tries to sell for less than they owe. REO stands for “real estate owned.” The home went into foreclosure but didn’t sell at auction, so the […]