I was speaking with another agent in my office yesterday. She has been diligently working with a lot of "short sale" purchasers lately. I inquired about her progress. Her response....
"short sales are a pain..."
Having worked a few short sales previously I understood what she was saying. You find the buyers. You find the right property. You negotiate the deal with the "seller." You get the offer forwarded to the lender. You wait...and wait...and wait...
Short sale decisions do not come quickly, usually. Even when all the preliminary work is done, the documentation presented to the lender, and lines of communication established...decisions take time.
Sometimes the lender calls to say they have another offer. Do they really? I wonder.... Sometimes the lender's decision makers are in Kansas and the property is in Viera or Suntree Florida. [Toto we are not in Kansas...was that Dorothy in the Wizard of Oz?]
Short sales are good opportunities for buyers. If you are a seller and facing a hardship, don't lose your home to foreclosure. Talk with a lender about loan modification. Talk to your lender about a short sale. Want me to discuss the possibility of a short sale with your lender, email me at agent@moving2brevard.com .
Gary Waters, Florida licensed real estate agent serving all of Brevard County Florida and specifically the areas of Viera, Suntree, Rockledge, and Cocoa.
