Thursday, August 19, 2010

What a Trying Real Estate Market This Is!

Each day I start to work with great expections, and about 4 in the afternoon they are depleated once more!! Buyers really do want to buy, and out of desperation they write an offer on a short sale, and I mean complete desperation, offer accepted by the seller, Great News, no not really now the waiting starts.  After a month or so I start getting calls, can I please see this house or that house, just in case, so we look.  Now 60 days later I really need to find a home have we heard anything on the short sale??  No, sorry not yet, but there is a new listing lets look at it, no doesnt work for me, I really want the one I put an offer in on..  Check in with the listing agent any news, no not a thing!!  What does it really take to approve a short sale, my opinion, first appraisal of the property, well priced right should be no problem, does the seller have a hardship, well yes military transfer, I call that a problem!!  So, why does it take 6 months to approve the sale of this home that is sitting there vacant and lawns are dying and could probably get vandalized.  I do wish someone would please tell me what is so hard about it..  Foreclose on the property, and then take considerable less for the property than they would have received on the short sale.