FW: Inman PM: Short sales can be nightmare for agents

 

 

Mark Daniel Adamczyk / Realtor
Office: 407-909-9331
Cell: 407-949-1916
Mark@ItsYourSale.com

 

http://www.ItsYourSale.com

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Thursday, May 21, 2009 5:47 PM
To: mark@itsyoursale.com
Subject: Inman PM: Short sales can be nightmare for agents

 

A Year's Worth of Networking in 3 Days. Real Estate Connect San Francisco 2009. REGISTER TODAY » TODAY'S TOP STORIES = Premium Member News - Join Now » Thursday, May 21, 2009 Common short-sale hang-ups DEAR BERNICE: I have submitted five short-sale offers in the last month and haven't gotten an answer on any of them. What do I need to do to get these agents to do their jobs? --Jim D. DEAR JIM: Without knowing the particulars for each of your offers, it's hard to tell if the agents are doing their jobs or if the problem is elsewhere. When a bank takes less than the loan balance on a property, there are a number of complex steps they must take before they can approve a short-sale offer. This approval process can take as long as six to 12 months. More » Bill revamps 'Hope for Homeowners' FHA refi prorgram hasn't taken off Survey: Foreclosures seen as bargains Renters, parents, younger buyers most enthusiastic The truth about 'liar's loans' REThink Real Estate Nipping problem tenant in the bud Landlords go the extra mile to minimize disruption OTHER TOP STORIES Much ado over IDX indexing Realtor Notebook Home-loss horror stories Foreclosure has many faces Questions on new NAR Code of Ethics policy From The Notorious R.O.B. blog Landlord wants day care ban Rent it Right Latest News » Content is King! License Inman News real estate content and position yourself as THE source of online real estate information in your market for less than $50 per month. Publish Inman News content on your site »	Tweet, Twit, Twhat? For real time updates and breaking news stories, follow us on Twitter. Follow us: @InmanNews LETTER TO THE EDITOR High jumbo rates freeze housing Letter to the Editor More Opinion » MOST COMMENTS Realtor bashing a popular pastime
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