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Shady Side : Real Estate Advice

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  • Local Info1
  • Home Buying2
  • Home Selling0
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Activity 3
Mon Jun 15, 2009
Rochelle Johnson answered:
Hi Debra!

Short sales can be very frustrating. They are just as frustrating for real estate professionals because we want to make our clients happy. However in the case of short sales, it is out of our control. The banks march to their own beat! If the BPO is completed, they are probably doing the desk review (comparison analysis) at this point. It is possible that there is a backlog and your file is sitting waiting to be reviewed. Or maybe it has been approved and its waiting for final approval on someone's desk. Unfortunately, most banks are not in a rush to get the files closed. If you really want this house, I suggest you hang on a little longer.... Especially if you are the only offer the bank is reviewing!

Rochelle Johnson, The Consumer Realtor
Coldwell Banker Residential Brokerage
Annapolis, MD 21401
301-646-9888 (cell)
410-224-2200 (office)
... more
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Sun Jun 29, 2008
Andres Sjogren asked:
Mon Jul 27, 2009
Zachary Epps answered:
Yes it can. What's your Realtor say about this? Does the agent representing you have experience with short sales?
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