Most Short sales once approved, go off without a hitch...however there are those few agents who like to buck the trend, who think they are doing their buyers some good use when trying to extend or back out Closing Dates that must be met...I for one have 1 of those right now...who keeps sending an addendum to extend, who wants to try and protect the buyers Earnest Money...JUST STOP I want to say...why don't you just focus on getting your buyers loan closed..
"This is short sales, they…
ContinueAdded by Melissa Polce on December 8, 2014 at 5:40am — No Comments
In a long expected vote by the House of Representatives, HR 5771 was passed today just after 3 pm ET. HR 5771 in section 102 provides for the extension of the presently expired Mortgage Debt Forgiveness Act, which expired at the stroke of midnight December 31, 2013. The law is now extended though December 31, 2014. Efforts to have the extension for 2 years failed. Interestingly the bill, introduced just days ago, was given a 10% chance of passage on Monday by Govtrack.US…
ContinueAdded by Melissa Polce on December 4, 2014 at 4:05am — 1 Comment
It's like winning the lottery...well maybe, it's like climbing a mountain...small exaggeration, OK, it is most like the 20 ft putt that drops in to win a masters...you know, leg kick with fist high up in the air...Yep, it's most like that...the feeling of Bank Approval...because the road to get there has been down right dirty...
No homeowner should need to go through what Short Sale Clients go through but each one of them are troopers, I feel we share…
ContinueAdded by Melissa Polce on October 29, 2014 at 12:31pm — 1 Comment
I remember writing earlier this year that I had finally gotten to the point of only having very few Short Sales ...it wasn't but 30 days or so later...when out of nowhere...Came A Batch...not just 5 or 6...but over 10...WHAT? What had happened? Where are these coming from? And you know what? They are now Super Powered...what is that you say?
I…
ContinueAdded by Melissa Polce on September 30, 2014 at 10:15am — No Comments
Hello Fellow Short Sale Agents...
As I write this, I started thinking about all the past Clients' I have helped with Short Sales through the years, Help of this Site, how many people have you helped? Because of this site? Because of the Knowledge we shared with each other...We all deserve a round of applause, if not for a simple, TAKE A BOW...my hat goes off to all of you…
ContinueAdded by Melissa Polce on March 26, 2014 at 5:01am — No Comments
My fellow Short Sale Superstars how many times can you shake your head? 5 and even 10 Short Sales(COMPLETED) Doesn't make you an Expert... agents are playing with someones biggest investment...and biggest loss; agents should know what you are doing when they take on a short sale, PERIOD...So again I hear the tale of a listing lost to a Very Good Agent...who sucked at short sales....by the time the potential client realized it...it was too late to re-list and get it…
ContinueAdded by Melissa Polce on September 3, 2013 at 9:30am — 2 Comments
Most times when agents or homeowners know I have a listing down the street...they can safely say "This chic is about to destroy the values in my neighborhood"...OK, mostly true because of my Short Sales, really...I am just bringing the neighborhood down to it's true Market Value, none the less, I have been called The Grimm Reaper....
But what bites my behind is when I go to bat to get a Short Sale approved, show comps and get a bank to lower their BPO/Appraisal pricing to…
ContinueAdded by Melissa Polce on August 27, 2012 at 2:00am — No Comments
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