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All the things short sales are. And those that they are not.
July 28, 2010 /DISCLAIMER: This was initially published as part of an email newsletter to my clients. It made the rounds, and I was asked to post it on the blog to make it more accessible. I wish that there were more short sale jokes - in the same way that there are lawyer jokes, blonde jokes, or jokes about North Dakota. This would mean that there was at least a level of understanding about short sales that was shared among a large group of people. And it would mean that there was something humorous about the process... I've had a couple of painful weeks with short sales. Most real estate agents don't handle short sale transactions because they (1) take a long time (2) pay less money and (3) are frustrating beyond measure. When some of my own clients were faced with the possibility of having to short sale, I decided to educate myself on short sales to ensure that they received the same measure of customer service as my other clients. Negotiating short sales is a lot like navigating a minefield...only it's on a giant treadmill where the environment is constantly changing, and the threat of danger has to be reassessed…Read more
