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The Short Sale Flaws Revealed

by mvjensen on December 21, 2008

in 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.

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{ 2 comments… read them below or add one }

1 Bob Schenkenberger December 21, 2008 at 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 December 21, 2008 at 3:09 pm

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

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