(Note: If you want to read my posts about short sale, kindly scroll down at the bottom of the page.)
Confessions of a Short Sale Expert in Reno
By: Joe Salcedo
"Genius is the art of taking pains" - Jane Hopkins
Working on a short sale listing was never on my short list. Many horror stories have been told. We were advised to stay away from it, if we can. Much to my surprise a few people came to us asking for help on their homes. And with hesitation, I leaped into the world of selling short sale homes.
Here's what I learned so far:
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It takes me thirty minutes on the phone(on hold) for a simple 'Yes or No' answer.
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Yesterday, I faxed a letter (asking for authorization) to the bank five times before I got what I needed.
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You can be sure that delays will happen in the deal.
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However great the need, you can't be a jerk. You're at the bank's mercy.
But at the end of the day, I realized the rewards for sellers far outweighs the difficulties. It is still worth a shot.
If you, or anybody you know need answers to your questions about short sales, you can call me directly: 775.338.7653. Or if you want to know more about me
go to: www.RenoHomeBlog.com
Note: Joe currently has 25 short sale listings 11 of which are in contract (updated:4/3/2009).
See also:
Simple but concise. It's not hard to understand what you are telling us people.
It would be nice if you added more copy to have a greater persuasive power.
Edward,
Your right. It would be a lot more potent if we can tell the whole story.
Unfortunately, I only had a one 8 X 11 white bond paper quota to fit all the words.
Thanks for the suggestion.
Congratulations on the fourth quarter sales! Keep up the good work.