Even though, there’s folks out there killing it with short sales and preforeclosures, everyone I know admits one thing-
The Bank Is A Pain In The Ass!
If you’ve never conducted a short sale, it can be a rather lengthy process (90 days and I’ve even done some that took 6 months.)
Anyway, take it for what it’s worth but the Washington Post published an article a couple of days ago regarding banks stepping up to get short sales approved faster.
It’s an interesting read especially if you’re working the preforeclosure / short sale market:
Regardless – it remains to be seen…
What do you think? I’m interested to hear your comments.
Short sales can be very difficult…thanks for the article