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Franklin Still Killing Short Sales

I was hired by the listing agent to save this short sale  Franklin played their silly games. We offered $12,000.00   They countered back at $20,000.00  Buyer walked. Month and a half later obtained new buyer, whose offer was approved by  and the first lien holder, and allowing $20,000.00 to Franklin. They came back and countered at$28,000.00 claim they have new guideline. That is a crock.  This one will end up in foreclosure. Other than preaching to the choir, who can we reach out to stop this nonsense

Tony Morales

TM Short Sales Consulting

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Appraisals

I am currently having problems with appraisal coming in to high.  This makes it difficult to get offers on these properties.  I keep fighting the appraised values but it seems like it is an endless task.  I have found contacting the Financial Consumer Protection Bureau has helped is most cases.  They don't ignore you they respond with in a few days.  I have managed to over turn appraised value with their help.  I don't know if anyone else is having these problems but please share with me any of your ideas about appraisal values.

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