Closing a Short Sale Takes Persistence

Buying a short sale property is a way to get a great deal in Real Estate while also helping a seller get out of a tight situation. Unfortunately, due to bank delays and regulations, short sales have also become a source of frustration for REALTORS® and their clients. With average closing times of six months, the [...]

What an Approved Short Sale Means

Agents these days are splashing the words approved short sale all over their short sale listings.

Getting a short sale approved is tricky business. You can be dealing with 2 lenders or one of the lenders might not agree to let the seller totally off the hook. The bank might not want to accept an offer [...]