MASHPEE Massachusetts Short Sale – CLOSED

Mashpee MA short sale CLOSED!

I am so happy to see this US BANK FHA short sale close. This was the second longest sale we’ve ever had. Almost ONE YEAR – not quite a year, but ALMOST – Which again shows me how LONG the FHA short sale process is and it seems it is servicer wide, even though I complain about BOA the most. Feel free to read my other posts about the AWFUL FHA short sale process. I just can’t believe if Fannie Mae can make moves to speed up the process that HUD can’t. Anyways, we were very lucky to have everyone involved in this one that we did.

First I must thank Eric Thomas, from Keller Williams who held us all together. He had a great buyer who hung in there this

Eric Thomas - Keller Williams

whole time, and he was very patient with this whole process. I know I had explained that once we found out this was an FHA sale all bets were off on the time frame, but i really don’t think I ever was able to let him know how much that really was going to hold things up. Our usual average of 52 days from submission to approval for a traditional sale was out the window.

Anyways, after escalating directly to HUD we finally got US Bank moving.
Thanks to Liz, Eric, Meghan and Noreen for holding this deal together.

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