The Short Sale Flaws Revealed

Market Conditions, Park City, Real Estate, Salt Lake City, Salt Lake Real Estate, Short Sales, Utah

 I found this great blog post today about the flaws in the Short Sale process, I couldn’t have said it better:

photo stock vault

photo stock vault

I don’t mind being unable to show a house that there is very little shot at the buyer closing on. I actually appreciate it! But the entire short sale process is flawed. I don’t blame the Real Estate Brokers who are listing these properties, I blame the Banks!  The Brokers are just playing the game.  A game whose rules are set by the incompetent banks and lending institutions that started this whole fiasco.Blog Home Denver 

You should read the whole article.

Reblog this post [with Zemanta]

2 Comments

  1. Bob Schenkenberger  •  Dec 21, 2008 @2:00 pm

    Thanks for the reference to my article. I’m shocked more people aren’t screaming about the ineptitude of these lending institutions!

  2. mvjensen  •  Dec 21, 2008 @3:09 pm

    I agree, I suggest only my investor clients look at short sales, all others we move on…

Leave a Reply

Allowed tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>