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!