Monday, September 08, 2008

Short Sales?

Really are no sale. Ask and I will tell you why. Nah, I will tell you now.
The Seller cannot sell, they have to wait for the bank to say yes.
The bank has too few employees to get ALL the short sale requests cared for.
The bank does not own the property. They really do not care.
Therefore they concentrate on getting rid of their OWNED assets.
Meanwhile the real estate agent is just collecting contracts, but they do not tell you that.
So now the bank has to decide which one they like best.
A good deal.
Ask for the Short Sale addendum.
As you read the first 5 pages ask why each paragraph says:
WHY can I not really buy this house"

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