Shorts sales; Check your ego at the door!!!
June 19th, 2009 Categories: Real Estate News, San Diego county Real Estate News
SAN DIEGO- I attended a conference call regarding short sales yesterday. The main theme of
the call was how to expedite the short sale process. I went into the call skeptical and left with the same skepticism. As with most ‘negotiations’ success really depends on who you get on the other end. They can make or break it. Try to negotiate with someone that is stubborn, uncooperative, does not communicate and is just plain unhappy with their job. You get nowhere, fast.
However there was one piece of information that was a bit surprising to me. 53% of those surveyed and the number one reason for a seller to not complete the financial paperwork required by the lender in the short sale was shame over their financial situation.
If this applies to anyone reading this, call me. You will be assured a confidential and non-judgmental transaction. The worst thing you can do is let the situation continue to snowball due to ego. Let’s work on turning this around together.
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