Hi Everyone -
Just for fun - tell us about your successes with short sales. A lot about this site is helping you solve problems. Most people write about that. It's good to ask for help. But how about a few short sale success stories? Tell us what you did to get that approval. What hints do you have to give to others from your transaction? Share. Learn, know and grow!
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Bill time to reel it in and to start being civil or I am going to remove you from the site. You continually try to argue with everyone on this site and have rarely added anything constructive to any conversation other than your rants. Your short sale experience is limited to a few short sales and many on here including myself have done hundreds of short sales.
It is OK to disagree as long as you are not just disagreeing to be disagreeable.
Excuse me Jeff but that comment was days old and I saw no reason to call me out in that manner.
What purpose did it serve except someone wanting to flex their muscles?
I was called out for who knows what reason and yet you see nothing wrong with that.
Why is that?
Why is it that my experience isnt constructive? if you dont want to hear a buyers side just say so but dont degrade me or talk down to me or be condescending and if you look at the comments thats what I get. I beg your pardon but thats out of line. Look at the comments.
Bill the only degrading talk here is coming from you and you have been warned. This post was about short sale successes not about your one short sale that was not a good experience for you. Bottom line, short sales are not for everyone, you are a good example of that.
I am only asking you to stop being so disagreeable, especially with the very limited knowledge that you have with short sales. There are hundreds, thousands of agents on this site who are highly skilled and experienced in short sales and there are also thousands that are here to learn from those experienced in short sales.
We understand that you do not "get" short sales based on a bad short sale experience. You have made your point over and over again.
This is your last warning, next argumentative post will be your last.
FMV: 650K
Lowest Comp: 525K
Original Offer: 500K
Best "All in" price buyer willing to pay: 540K
Lender Counter: 740K
Approved: 502K
Here is what I did:
Offer came in at 500K, so after discussing strategy with buyers agent, he indicated that, after all fees (including mine) and costs, and any extra $$, buyer was willing to pay up to 540K. Since there were a few comps in the low 500's, I suggested that the buyer lower the offer to 475K. Lender came in with BPO/Counter at 740K. After a detailed value dispute and serious negotiation, lender issued a full deficiency release approval at 502K. Do any of you think the buyer was upset paying my 3% fee? That's what I thought.
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