Interesting that they were last minute listings here in the Palm Springs, CA area. One in North La Quinta and the other in West Indio..both had Sale Dates set of approx. 21 days out. Both Sellers had been denied Loan Mods and were at wits end and OVER the banks!
Chase has always been tough for me,…
ContinueAdded by Kimberley Kelly on October 7, 2011 at 1:31am — No Comments
Short Sale Sellers; Check your Listing Agents' References!
Had a listing appointment last week with a potential Short Sale Seller. He is only 30 days delinquent and his property is spectacular..truly stunning. The Location is very questionable for a home of this magnitude…
ContinueAdded by Kimberley Kelly on August 13, 2011 at 2:30pm — 2 Comments
Palm Springs, California had some interesting sales statistics for June, 2011. What intrigued me is that my own Sales number almost directly reflect what the CDAR report states..my own business is running almost equal between Equity Sales and Distressed Sales. The Equity Sales seem to be in the higher end, which means that median number they always throw around should be going up..if other Agents are seeing the same thing I…
ContinueAdded by Kimberley Kelly on July 31, 2011 at 2:09am — No Comments
Closed another Short Sale in Rancho Mirage, California. Recorded yesterday for $265,000. Bank of America notes at approximately $485,000.
My Seller is a lovely woman who LOVED this condo. She and her husband spent many happy years there. Her husband died a couple years ago, and it just became too emotional for her to live there. Emotional as well as expensive. She finally gave in and decided to short sale it with me.
My Buyer is a Canadian who was…
ContinueAdded by Kimberley Kelly on July 22, 2011 at 3:30am — No Comments
Short Sale in Indian Wells, Calif......APPROVED! Just received my approval letter yesterday on this one. From List to 8/15 COE will be approx. 120 days. It is intriguing to me how some Short Sales sail along and others..seemingly very similar to my eyes, get stuck. This one is a vacation home for my Seller. He has two loans with Bank of America.
Primary Loan: $417,000 due
Second: $206,000.
APPROVED Sales Price: $465,000.
I wrote…
ContinueAdded by Kimberley Kelly on July 20, 2011 at 11:19am — No Comments
It really doesn't matter how experienced you are as a Short Sale List Agent. It doesn't matter how many CLOSED references you have..again as a Short Sale List Agent. When it comes to approval, it is a complete crap shoot with the Negotiator holding all the dice.
I can tell from the first e-mail exchange, and often phone conversation if they won't e-mail, whether or not I am dealing with a sane Negotiator.
The WORST negotiator I have ever had in the past 5 years was a Chase…
ContinueAdded by Kimberley Kelly on July 18, 2011 at 2:00am — No Comments
If you like the rush, the careening highs and crashing lows that makes your Adreneline course through your veins like you've being chased by an unknown intruder..try a Short Sale! What a rush! What a ride! Kind of like a huge roller coaster zipping along....up, then down..back up, then down..yippee!
Even if you're a list agent used to the…
ContinueAdded by Kimberley Kelly on July 1, 2011 at 5:50am — No Comments
How does the progress of Short Sales compare with stages of a business cycle? Okay, granted, a Short Sale is not a product or a service that a business would seek yet shouldn't it run perhaps parallel to or in sync with the stages of a business cycle?
Stage 1 - Start up or creation.
Short Sales pretty much became a picture of the Real Estate market a few…
Added by Lynn Pineda on March 7, 2011 at 4:30am — No Comments
Added by Bion Grady on January 26, 2011 at 12:43pm — No Comments
Added by Bion Grady on December 27, 2010 at 4:50am — No Comments
Added by Bion Grady on December 16, 2010 at 2:18am — No Comments
Added by Bion Grady on December 15, 2010 at 7:48am — No Comments
Added by Bion Grady on December 13, 2010 at 6:24am — No Comments
Added by Bion Grady on December 9, 2010 at 5:56am — 2 Comments
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.