A Realtor’s Guide to Understanding the Log Jam in Short Sales

When approached by realtors who are trying to negotiate their own short sale listings, I ask, “How’s that working for you?” and their responses are like watching a fish flopping around out of water. Their stories vary but they all have a common theme. Days go by, weeks go by, months go by and still no decision from the lender.

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Tagged as: Bank Foreclosures, either-gone, from-the-lender, like-watching, owned-properties, pounce-on-cheap, reclosures-or-short, stories-vary