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Monday, October 18, 2010

Its not dead; it was in a coma - Short Sales take a while sometimes...

Short sales take a while sometimes most of the time!  I have a short sale that has been dead for a year or so.

The short sale pipeline at most lenders has been clogged for so long buyers and sellers wonder if a short sale will ever get approved!

The good news is the short sale processes in place at many lenders are improving - but still it takes time.

A short sale I started working on almost two years ago may be closing in a few weeks.  I was thinking it was dead however it showed signs of life last week.   Maybe it was just in a coma!

If you are buying a short sale (or considering one) remember it takes a lot of patience!

If you are interested in short sales for sale in Viera and Rockledge, Florida, send me an email or call me directly at 321-693-3850.

Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.  Read my blog Observations of a Viera Florida Real Estate Agent!

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