Short Sale Drama
A short sale is a great opportunity for both buyers and sellers. BUT they don't always run smoothly...in fact many times, they are just a pain in the you know what! Luckily we have a great short sale team. From our negotiators to our title team and our attorneys...everyone does a great job. BUT it doesn't always run smoothly!! We recently had a buyer back out of a short sale property we have listed. It was a fair deal, they had been waiting for many months and finally just said that the wait was more than they could handle. I don't blame them, but it is frustrating to put all that time into something just to have it fall apart. Again, I am not blaming the buyer, they have that right to do that if they so choose. I respect that right. The bottom line is that for all parties going into a short sale, each one of us should know (especially the agents...and the agents should be prepping their clients to the hurdles and time frame of a typ...