You hit that one on the nose Marcy. I think what your industry is seeing is the weeding out of all the late comers to the Realestate Industry that saw a quick and easy buck.
Fortunately, I have an 18 yr veteran Realtor representing my intrest and he is versed in all of these types of sales. Unfortunately, he finds he runs into way too many part time or inexperianced Realtors that do not know how to deal with Short sales and Foreclosures.
My first foreclosure i\back in Feb took 8 weeks and I'm afreaid that you are correct that this one will take 12 weeks (we are already 4 weeks into it).
Lots of fantastic deals out there with short sales/Foreclosers but patients is required to pull it off.... more