The buzz on working with short sales is that it seems to take forever to receive lender’s approval for the short sale when a contract is submitted. The process can take weeks or months with agents, sellers and buyers at the mercy of the lender.
Today an agent stepped into my office excited and amazed. She submitted a contract that was subject to a short sale to the lender and in ONE HOUR she received written approval. One hour!
I plan to get more details in the days ahead. Right now I would attribute the quick reply in part to this agent and her partners understanding of the short sale process and would imagine this understanding helped speed up the process. If you have a short sale situation and want to work with real estate professionals who understand how to get the transaction to the closing table, contact me.
No comments:
Post a Comment