We specialize in Maryland http://www.Short-Sales-Expert.com

Hi again, Thang,

Yes, as Peter states below, there are some successes in Short Sales, but trust me, not many in our area of Maryland. You can look at the date the property went Under Contract and see when it settled. These dates give you a snapshot of the Short Sale market in the Frederick and surrounding areas in Maryland. They get done but just not in a timely manner (45-60 days) rather you are looking at an average of 3-5 months.

Cathy Chapman, Broker/Owner/Agent
Signature Home Sales, LLC
301-514-6839 Cell

Hey Thang- I'm not from your area so I don't have a horse in this race. I'd advise looking for an agent trained and experienced in the short sale process with a good track record. Beware of those quoting extremely low percentages of success rates as they might be quoting their own! One team in my office has a 99+% success rate. Closings on short sales happen every day.
There is a designation approved by the National Association of Realtors for agents trained in the process called C.D.P.E. or Certified Distressed Property Expert. While CDPEs generally list homes, they are a great source for buying as well. To find someone familiar with short sales go to http://www.cdpe.com
Pete Bohlmann
RE/MAX ACTION WEST

Hi Thang,

Short Sales are not all they are perceived to be. You could make an offer on a Short Sale property and wait for MONTHS (I've had clients wait up to 4 months) and still got get an answer from the bank. I encourage my clients to look for sales from the bank or directly from the owner (without bank involvement) UNLESS it states in the listing that they get a QUICK RESPONSE from that particular bank in the Short Sale. Short Sales are stressful, time-consuming and frustrating beyond your comprehension. There is no light at the end of the tunnel on most Short Sales.

Please feel free to contact me and I will assist you in a purchase, educate you along the way to make sure you are purchasing the home that best meets your needs and budget, and assure you a stress-free and seamless process from your current home to your new one. It's never been a more difficult market than it is now and you simply must have an agent in this market to protect your best interests.

Cathy Chapman, Broker/Owner/Agent
Signature Home Sales, LLC
301-514-6839 Cell

We will be glad to help you. We specialize in short sales for Frederick and Montgomery County Maryland http://www.Short-Sales-Expert.com

I have the CDPE Designation, Certified Distressed Property Expert - experts trained in the short sale process. As of this time only 100 agents out of 30,000 carry this designation. For more information, contact me or visit my site at
http://www.theweymouthgroup.com

Regards,
Chris Weymouth

I can help you. . we helped 4 homeowners avoid foreclosure the month of October 2008

Give me a call for a free consultation. .
My website is: http://www.ReallyNiceHomes.com

Hi Thang,
I have worked many short sales and foreclosures, long before the market moved this way. I would be happy to discuss your situation and to see what options you may have before you. If you are interested, please call, I am very familiar with the Frederick area, (used to live there and own property there too) and just am 15 min away in Hagerstown.
Nancy S. Allen, Associate Broker, Roger Fairbourn Real Estate, 301-416-7009, Direct, 301-733-4183 Main office

In this market I am not sure that there is a "short sale expert" because each transaction is different. The Short Sale ony has a 20% chance of going to settlement in the best of circumstances. There are alot of variables that go into a short sale. Just some of which are: does the seller have a second loan (home Equity) and if they do is the second trust held by the same bank as the first trust (mortgage). A Realtor really can't know if the short sale has a chance until she/he speaks with the seller and gets to hear everything.
If you would like to speak more please call me at 240-674-8585.
Peggy

I am a short sale expert.. contact me my number is 240-994-5083

yeah- is the process the same for all banks and situations or what is really the deal to get it smooth for everyone? thanks

Hi Thang:

Are you interesting in finding out what the process is or is this something you are already doing?
I would be happy to help you.

Do you have any specific questions we can help out with?

Perhaps some of the answers here may help you.