Basically, it's a nightmare!
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
Legends Realty Group
This issue likens itself to the proverbial question, "which came first, the chicken or.......?"
Banks will tell us there is a multitude of red tape to work through to assure that a clear title goes to the new buyer and that the number of short sales facing them is staggering....they just can't keep up.......
On the other hand, many real estate professionals, attorneys, and other related field representatives agree that it may be a case of them "just not caring."